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The firm also reported it paid $82.8mn for Brazilian brokerage Case Group.
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The suit names former Marsh execs Hanrahan and Andrews as defendants.
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New broker vehicles are setting up amid accelerated softening in D&F.
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Growth and returns on equity fall, but most of the industry is still profitable.
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The carrier’s estimated first event limit could increase 16%, to $1.35bn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Hits to personal auto, workers’ compensation led to a drop in NWP.
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The conference came at a particularly tumultuous time for the US insurance industry and the economy at large.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The preferred shares will mandatorily convert to common equity on an IPO.
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The MGA market now makes up 10% of the overall P&C market.
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But there’s little concern about those pressures creeping into SME accounts.