-
In the US, pricing fell by 6.2% at the major renewal. -
Old Republic Cyber will focus on providing specialized cyber and technology-related coverage.
-
Sources said the platform has retained Barclays and Goldman Sachs to run a process.
-
Former COO Jack Falvey’s appointment as CEO was reported last August.
-
The transaction comes after Kestrel explored a deal last quarter to raise ~$150mn of capital.
-
The Insurance Insider US news team runs you through this week’s key agency M&A.
-
Brian Young is now Fairfax president, while Carl Overy is Odyssey CEO.
-
The $2bn+ raise would likely rest on the base case of an IPO in the medium term.
-
Trends leading into 2025 may indicate workers’ comp releases have peaked.
-
The executive has also worked for AIG and Ace.
-
The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.
-
Saunders will remain with the firm as a senior advisor in a part-time role.
