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The Insurance Insider US news team runs you through this week’s key agency M&A. -
White Mountains invested $150mn in the retail platform earlier this year.
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The offering comes after Acrisure’s $2.1bn convertible pref share raise.
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Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
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Insurers have termed the Democrat-backed legislation “flawed”.
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DUAEs are increasingly leveraging specialized expertise to address underserved risk.
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HCI secured three towers with $3.5bn in XoL coverage.
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The program includes all perils coverage and subsequent event protection.
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A week ago, this publication revealed that Slide was pressing ahead with its IPO plans with an S-1 filing.
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The Floridian also secured $352mn of multi-year coverage extending to 2027.
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The collective CoR of 45 Floridians hit 93.1% in 2024
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Acrisure recently raised $2.1bn from investors in its latest step towards an IPO.
