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Peter Cordell will join Syndicate 1729 in January.
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John Neal was due to start at Aon as global reinsurance CEO in September.
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Top companies eliminated or heavily modified language related to DEI this year, analysis shows.
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The US accounted for 92% of all global insured losses for the period.
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A quick roundup of today’s need-to-know news, including Accelerant’s IPO, US CPI, global cat losses and more.
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US events accounted for more than 90% of global insured losses.
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June’s increase was up from May’s 0.2%.
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The IPO price is expected to be $18-$20 per share.
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The Inflation Reduction Act 2022 established new tax credits to incentivize investment in renewables.
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State legislation has led to major strides in rate adequacy.
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In May, this publication revealed that Warburg was among the PE bidders for KAP.