Watson Wyatt has tapped Aon Consulting for a senior asset consultant.
Andrew Povah recently joined the Sydney office of Watson Wyatt from Aon Consulting, where he fulfilled roles in Australia and the United Kingdom. At Watson Wyatt, he will be responsible for advising institutional clients on a range of matters, chiefly strategic asset allocation and manager structure. Povah has worked in the superannuation and investments industry for more than nine years, and became a Fellow of the Institute of Actuaries in the UK, specialising in investments, in 2006. The headcount of Watson Wyatt’s global investment corpus has grown considerably in recent months and is now one third larger than it was 18 months ago.
The brunt of losses from the LA wildfires are expected to be borne by primary insurers and high-risk reinsurance programs, but super funds are nevertheless closely monitoring the possible impact of the fires on catastrophe bond and insurance-linked securities exposures.
Simon HoyleJanuary 17, 2025
