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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega. -
Sources said that the carrier’s listing is expected to raise around ~$100mn.
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The company is estimating its IPO price at $18-$20 per share.
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A federal judge restricted former Marsh employees from soliciting for Howden.
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A report by the ratings agency challenges current industry wisdom.
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Models anticipate a busier second half, particularly in the next few weeks.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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The company generated $71.4mn in revenue for H1 2025.
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The bi-partisan legislation would make FEMA a cabinet-level agency.
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The PE-backed MGA has Morgan Stanley, Bank of America and JPMorgan advising.
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The company said defendant "distraction" can’t make up for flimsy arguments.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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