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Following the Golden Age of Specialty, franchise quality will play a bigger role in determining success.
A federal judge restricted former Marsh employees from soliciting for Howden.
The deal’s benefits headlined AJG’s investor day presentation.
Onex is making the investment alongside PSP, Ardian and others.
This publication revealed earlier this year that the firm was working with Ardea to explore strategic options.
The mortgage insurer said Inigo will continue to operate as a standalone business.
The US mortgage insurer announced its $1.7bn acquisition of Inigo earlier today.
Sources said the agency first considered a debt raise but recently pivoted to a sale process.
The case is now headed to appellate court.
A process has not been launched and a firm timeline for a liquidity event has not been agreed.
Reinsurer executives during a Aon reinsurer panel stressed that the industry worked hard on setting the right structure.
The MGA business was valued at an enterprise valuation of upwards of $1.1bn, sources said.
The specialty MGA said it didn’t experience direct losses from the LA wildfires.
The program, expected to start doing business next month, will be wholesale-only.
This publication reported earlier today of the asset manager’s foray into the MGA space.
It represents the platform’s formal entry into the commercial E&S market and will be led by EVP Neil Lipuma.
The practice group will enhance the company’s existing offerings in E&S.
The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
The affirmations reflect Everest’s strong underwriting diversification.
IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.
A report by the ratings agency challenges current industry wisdom.
He was appointed CUO of casualty, Americas, in July last year.
The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
Models anticipate a busier second half, particularly in the next few weeks.
The carrier’s US and Europe claims teams will report to Dominic Clayden.
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The low degree of overlap between the combining portfolios benefits both parties. -
Other parties that looked at the business include CPPIB, Permira and Carlyle, sources said.
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The acquisition furthers Howden’s expansion into the US retail space.
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In Partnership With Moody's RMSMichael Steel, General Manager-Insurance Solutions at Moody’s, discusses the latest trends in mitigating cyber risks, managing secondary perils, and leveraging new technologies to enhance data quality and workflow efficiencies.
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In Partnership With Liberty Specialty MarketsPresident & CUO for Liberty Specialty Markets discusses key risk factors, market trends, and the insurance industry's role in the energy transition
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From Insurance Insider US
Commercial lines rate increases slow to 3.8%: WTW
The figure is down from 5.9% in Q2 2024.
From Insurance Insider
LIVE from Monte: Mereo CEO Croom-Johnson
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From Insurance Insider
LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
From Insurance Insider US
Brown & Brown appoints Hearn to lead global operations
The executive has been serving as COO since February.
From Insurance Insider US
WTW books 5% organic growth in Q2
The R&B unit posted organic growth of 6% in the quarter.
From Insurance Insider US
Conduit reports H1 loss and 122% CoR in ‘period of transition’
The carrier said market dynamics were shifting due to increased capacity.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
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