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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The carrier strengthened its GL reserves by $130mn in Q4.
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President Andersen said he was optimistic about the 2025 reinsurance market.
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The move will expand Nationwide’s stop loss insurance sales to SMEs.
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The broker introduced 2025 guidance for mid-single-digit or greater organic growth.
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Earlier this month this publication revealed Howden’s $2bn+ fundraising talks with Mubadala to fund a US deal.
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AJ Gallagher expects to complete the $13.5bn acquisition of AssuredPartners in Q1.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
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Large public US brokers generally still seem to have more flexible schedules.
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James Keating received 20 months in prison and three years of supervised release.
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The carrier also grew TL written premiums by 11% in Q4 and 24% for the full year.