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The acquisition marks Bishop Street’s entry into commercial lines. -
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It will offer additional capacity to WTW US property clients with a limit up to $25mn.
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The underwriting units produced revenue of $11mn in the year to June 30.
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Geo Europe CEO Walter Craft will remain with the financial lines business.
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Negotiations come after Insurance Insider US revealed that the Bermudian was running an auction.
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Deal sizes also remain high, with EVs in July averaging over $440mn.
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The company still has ambitions to sell the business.
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Mexico City-based Ant was founded in 2019 by Alejandro Cabrera.
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House Bill 672 adds regulation to the Louisiana MGA market.
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The Houston, Texas-based program manager will join Ryan Specialty’s healthcare MGU Sapphire Blue.
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Previously, Fishl held underwriting roles with Munich Re and Chubb.
