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Instead, the reinsurer plans to write more casualty business through its innovations book. -
Gallagher already has HSR approval for the $1.2bn Woodruff Sawyer acquisition.
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Ahead of the deal, Ergo owned a 29% stake in Next, which generated top line of $548mn last year.
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ProAssurance brands will be transitioned to The Doctors Company in "all/most markets" over time.
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The promotions come after Aon hired Marsh’s construction and surety heads.
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Surplus lines are still strong, but not the standout they used to be.
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The partnership will launch a new umbrella excess insurance product.
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The Californian insurer is buying the medmal carrier for $25.00 per share, or a ~60% premium.
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Its full-year combined ratio for 2024 ballooned to 334.6%, from 124.7% in 2023.
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Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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BHSI is dividing its retail general property unit into four regions.
