Service provider

The number has expanded by around 40% from an earlier update, sources said.

The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.

This publication revealed back in February that Itel was being prepared for a sale.

The sale process was first reported by this publication three months ago.

The exec said if he were a carrier CEO, now is the time he would start looking for deals.

Insurance Insider US revealed last year that Intercare had retained MarshBerry to explore strategic options.

The executive will define strategic priorities and guide global growth.

The specialty insurance platform has now exceeded $3.1bn in premiums.

This publication revealed earlier that Command was seeking a new backer.

Kathleen Reardon, CEO of Hiscox Re & ILS, also talked about the impact of the California wildfires and why it’s important for cedants to work with a reinsurer with strong underwriting and modelling skills when disaster strikes.

The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.

The role at PCS included acting as primary touchpoint for ILS.