Interviews
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Instead, the firm’s core segments reported $13.5mn in full-year cat losses.
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The exec was speaking alongside Doug Hammond after Aon agreed to buy NFP.
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The firm will have more flexibility around talent compensation and M&A activity.
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RPS saw organic growth of 12% in Q4 of last year.
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This follows three new investments and partnerships in the US recently.
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The carrier expects to re-emerge after operating as going-concern Anchor.
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The percentage of cases that could lead to higher losses increased in 2023.
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The executive added that he expects “some level of consolidation” in the fronting space, estimating that there are 24 players in the US market.
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In his first interview as CEO of the private brokerage, Zimmer said he will not change the DNA of the firm and that legislation around non-competes may help Alliant.
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The mid-market build-out comes in response to trading partners' needs for more on-the-ground-support for more complex risks and the constraints of a digital-only product.
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“We're certainly much more optimistic than we've been at any point probably over the last five years,” he told this publication in an exclusive interview.
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The CEO emphasized that while trading conditions are favorable for the specialty segment, the company would make the decision to go public based on its own merit rather than market timing.
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