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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Sources said that the MGAs sealed the transaction earlier this month and a deal could be announced imminently.
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Sica Fletcher said index members reported a total $221mn acquired revenue in Q1 2022, about 60% of last year’s first quarter.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s news team canters through the week’s key developments.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The broker completed five tuck-in brokerage mergers in Q1, the same number as the previous year, but totaling $32.2mn, down from $89.7mn in Q1 2021.
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The carrier also revealed $30mn in Russia-Ukraine Q1 losses.
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Ron Bobman first called for the sale of the firm back in September 2021, and recently launched a proxy campaign to join its board.
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The embattled carrier has faced mounting pressure from investors to sell the business.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
