Howden
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Earlier this month this publication revealed Howden’s $2bn+ fundraising talks with Mubadala to fund a US deal.
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Risk Strategies looks like the deal that makes most sense, but other targets could include Galway or Hilb.
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The $2bn+ raise would likely rest on the base case of an IPO in the medium term.
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Attachment points are unlikely to return to pre-correction levels any time soon.
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He joins from Swiss Re, where he has spent the last 27 years of his career.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.
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The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
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Howden acquired a majority interest in Mexico’s Adrisa in 2020 and Grupo Ordas in 2017.
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David Shalders will be based in London and report to CEO David Howden.
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The deal comes over a year after this publication revealed that the companies were in takeover conversations.
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The 30-strong segment will combine reinsurance and capital markets with data, analytics and technology.
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Aon Re Brazil CEO Antonio Jorge Rodrigues and four other executives have left the firm and are expected to join rival broker Howden, this publication has learned.