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After seven years of premium rate growth, rates are down 5% to 40% across the US. -
The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The role will unify the P&C and professional and executive risk practices.
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Rouse was promoted to co-global placement leader last October.
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Sources said the Ethos-led group will take roughly a 40% stake.
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Economic unease will join cat losses, renewals, and organic growth as Q1’s key topics.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
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Business hates uncertainty and geopolitical tensions are off the charts.
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The deal had HSR approval and was waiting on approval from the UK.
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The broker adds a new EVP and new president to its benefits practice.
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