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Approached for comment, Chubb denies that it submitted “an offer” for AIG.
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WTW still has meaningful capital to deploy next year but will provide details on its next earnings call.
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Canopius will continue to be one of several capacity providers to the MGA.
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Newfront’s business units will be combined with Risk & Broking and Health, Wealth & Career.
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Onex CEO Bobby Le Blanc will retire from Ryan Specialty’s board of directors.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
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The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
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The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.
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The transaction is expected to close early in the first quarter of 2026.
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The company had argued the judge missed key info when dismissing the case.
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Sources said the deal will value the US M&A insurance broker at over $500mn.
