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High H1 reserve releases of $7.4bn were driven by the largest of carriers. -
Arkansas-based RVU provides commercial P&C and some specialty programs.
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The rest of 2025 appears poised to remain favorable for insureds, however.
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California, Florida and Texas all saw decreases in monthly premium growth.
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The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
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The broker has filed a motion to dismiss the lawsuit by Marsh.
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The data modeling firm said losses previously averaged $132bn annually.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Analysis of market conditions, reserves show that this might not lead to an overnight consolidation boom.
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The likes of Genstar, Leonard Green and Bain also looked at the program manager.
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Sources see Aspen as the right fit for Sompo, with Apollo getting a full cash exit.
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