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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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The president expects to see benefits from the deal in H2 2026.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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The Insurance Insider US news team runs you through the earnings results for the day.
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In liability, the carrier is steering away from where inflation has been volatile.
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CEO Roche said that “significant price increases” are still to come, however.
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The executive was previously head of excess casualty, North America.
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The company has struggled in reinsurance, while large claims dragged down D&O results in Q2.
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WTW is “particularly interested” in growing markets like wealth management with bolt-on M&A.
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Specialty casualty now accounts for around 22.2% of its insurance business mix.
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This follows last month’s takeout of 12,000 Citizens policies.
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The novel product appears to have been pitched to multiple clients.