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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2. -
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But June was the busiest month of the year on the back of recent broker churn.
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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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The deal comes amidst an expected spell of M&A on Lime Street.
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The January wildfires did little to hamper their appetite, apart from California.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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At the year’s mid-point, there were 111 new SCAs filed in federal courts.
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The cyber business will continue to operate as a standalone entity.
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Elevated cat losses in H1 weren’t enough to stop a further softening of the market.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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Earlier this year, Insurance Insider US revealed that the insurers were in takeover talks.
