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Jeremiah Bickham will be a strategic adviser until the end of the year.
Lupica moved to the role last year as part of a staggered handover of responsibilities to Juan Luis Ortega.
JP Morgan and RBC are advising the brokerage on its options ahead of an eventual IPO.
The unit’s co-heads, Braithwaite and Apostolides, left the firm in the summer.
The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
The charges allege “egregious delays” and “unreasonable denials” in claims.
It is understood around $1bn of premiums could be ceded to the proposed vehicle.
The company will implement a new leadership structure after his departure.
The request cites use of Verisk’s forward-looking wildfire model.
New home sales could be impacted by a prolonged stalemate.
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
Insurers continue to compete on price, especially in the SME sector.
Proceeds will be used to pay off debt maturing at the end of the year and to support new market growth.
The business has been ~70% owned by White Mountains since January 2024.
Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
Sources said that Howden Capital Markets is advising the fronting company.
The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
Spectrum joins investors ForgePoint, Hudson and MTech.
Other MGAs in the transactional-liability class are also expanding into the US.
Cyberattack/data breach remains in the top slot.
Home buyers looking to close on a mortgage could find the private market an attractive alternative.
AIG’s filing alleges copyright and trademark breaches, as well as violations of unfair business practice laws.
The jump in the latest estimate could be due to damage to seasonal properties only being recently discovered.
The company will continue its capacity partnership with the MGA until 2030.
The subsidiary will offer primary and excess liability.
Competitor news
What Your Competitors are Reading
Competitor news
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The broker will now have access to an M&A war chest for inorganic growth. -
The carrier has renewed and extended its capacity arrangement with the MGA.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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In Partnership With MarkelPrivate equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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In Partnership With Munich ReTim Brockett, EVP & Head of Specialty for Munich Re U.S. shares insights on risk perceptions, the flood insurance gap, and innovative strategies.
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In Partnership With AXISMichael Silas, Head of Global Credit for AXIS Re, discusses 2025's macroeconomic outlook, regulatory shifts, and credit market trends.
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In Partnership With ArchMaggie Munns, Head of Executive Assurance for Arch Insurance International, on the evolving D&O market, discussing challenges, strategies, and a 2025 outlook.
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Target Markets is hoping to expand to offer scholarships to additional students next year, says Gene Abby, executive director, Target Markets
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In Partnership WithDamian Cooper, Partner with PwC Bermuda discusses life reinsurance growth and regulatory challenges.
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In Partnership WithArthur Wightman, Territory Leader for PwC Bermuda discusses industry challenges and Bermuda's key role in reinsurance growth and climate initiatives.
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In Partnership With Fidelis PartnershipCharlie Matthias Deputy Chairman and Group Executive Director for The Fidelis Partnership discusses how ESG practices can drive societal change, improve underwriting, and ensure sustainable growth in insurance.
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In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
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Commercial lines rate increases slow to 3.8%: WTW
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LIVE from Monte: Mereo CEO Croom-Johnson
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Hannover Re outlines ILS plans as Ludolphs to retire at end of 2026
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LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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Brown & Brown appoints Hearn to lead global operations
The executive has been serving as COO since February.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
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