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Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.
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The deal is financially attractive, but risks diluting the jewel that is Gallagher’s US mid-market business.
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The executive said the combined entity could execute 100-110 tuck-in M&A deals a year.
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From our other titles
From our other titles
From our other titles
From Insurance Insider ILS
Cat bond investor supply still outweighs sponsor demand: Twelve Securis CEO
Private ILS would benefit from extension spreads to manage investor concerns, the CEO argued.
From Insurance Insider ILS
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
From Insurance Insider ILS
Casualty ILS market can double annually in next two years: MultiStrat CEO
Industry sources estimate the market to be around $3bn.
From Insurance Insider
Arcas promotes Deane to MD, head of US
The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
From Insurance Insider
Reinsurance market 'responsive' for 1.1 with ample capacity: GC
A more consistent trading rhythm returned to the property market, with capacity deployment outside of frequency-exposed layers and more heavily loss-impacted segments bouncing back.
From Insurance Insider US
American Coastal enters agreement to sell personal lines subsidiary Interboro
A non-binding term sheet was signed on October 6, whereby the buyer will acquire 100% of Interboro’s issued and outstanding securities in exchange for cash.

Insurance Insider provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.

Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.