Interviews
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The MGA noted a 17%-20% price decline last year and expects similar for 2024.
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The executive struck a cautious note on the industry’s reserve adequacy for the 2021-23 accident years.
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Expansion of the middle-market book is an ongoing focus.
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The broker has seen an “outpouring of interest” from talent looking to join since the Truist exit.
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The top four lines posted low-single digit to high-single digit policy count growth.
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Commissioner Andrew Mais said AI is also a priority for regulators.
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The new broking president added that hundreds of Marsh staff would not show up tomorrow at WTW.
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The CEO said there’s only one public pure wholesale broker, Ryan Specialty, and its IPO was in “favorable conditions”.
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Bunch said TWFG presents a ‘clean’ story for investors.
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“I think it just starts with people just being desensitized to these numbers,” he said.
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The Oxbow report found that AI use cases span the entire (re)insurance capability model.
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She said potential hurricane activity was just one factor impacting the 2025 outlook.