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Sources said that detailed discussions have taken place, with a clear path to a deal.
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GL and workers’ comp, however, may benefit from a more competitive environment.
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The state’s Supreme Court upheld two lower court decisions finding no liability.
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The Brazilian carrier grew earned premiums to over $100mn in 2024.
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The company said the judge overlooked key issues in dismissing its fraud case.
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The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
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Claude Wade is to step down from his role to address ongoing health issues.
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This is the first rate filing to use the recently approved Verisk model.
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The move is a retaliation to Howden’s US retail launch.
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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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Sales velocity ticked up to 12.2% in Q2 but has remained steady in the past five years.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.