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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals. -
Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
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Former Aon employees are barred from using Aon’s confidential information.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The broker is seeking an injunction, arguing it lost customers to Howden over the weekend.
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This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle.
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Based in San Francisco, the executive specializes in venture capital and AI companies.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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Specialty was the busiest segment but still recorded a YoY drop of seven points.
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The facility has expanded to cover construction and renewable energy risks.
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In a state prone to SCS, wind, floods and freezes, carriers are still fighting for market share.
