-
The move was led by ex-Icat CEO Gregory Butler. -
Sources said the ~C$55mn Ebitda business retained RBC to run the strategic review.
-
James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
-
AIG launched an IPO of Corebridge Financial in September 2022.
-
Rate inadequacy and inflationary pressures represent significant headwinds, however.
-
A quick roundup of today’s need-to-know news, including AJ Gallagher, RenaissanceRe, K2 International and more.
-
The executive said the combined entity could execute 100-110 tuck-in M&A deals a year.
-
There’s a question mark around the tails of AY 2021-2023, the president said.
-
The deal represents a 14.3x Ebitda multiple and strengthens Gallagher’s mid-market position.
-
There has been increased W&I appetite in South American jurisdictions.
-
If the deal is finalized, it will represent the largest in the acquirer’s history.
-
A quick roundup of today’s need-to-know news, including Citizens storm claims and AIG credit ratings.
