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The offering comes after Acrisure’s $2.1bn convertible pref share raise. -
The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The number has expanded by around 40% from an earlier update, sources said.
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The modeller said the insurance market could be exposed to unexpected aggregations.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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Insurers have termed the Democrat-backed legislation “flawed”.
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The executive has 15 years of experience in meteorology and cat analytics.
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A quick roundup of today’s need-to-know news, including litigation finance, Itel, Trucordia, Amiga and more.
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The panel aimed to highlight “synergies” between insurance and litigation finance.
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This publication revealed back in February that Itel was being prepared for a sale.
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The deal values the company, formerly PCF, at roughly $5.7bn.
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The line is being launched by Joe Cala and Scott Harper, sources said.
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