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Henrietta Butcher leaves Tysers after decades with the broker. -
Lisa Binnie will succeed him as president of the company’s specialty admitted segment effective September 1.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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James River said the court was right to dismiss the fraud case.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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Analysis of market conditions, reserves show that this might not lead to an overnight consolidation boom.
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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”.
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The likes of Genstar, Leonard Green and Bain also looked at the program manager.
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Sources see Aspen as the right fit for Sompo, with Apollo getting a full cash exit.
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The ratings agency cited enhanced scale and diversification through organic growth.
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