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NY-based PE firm BBH Capital has exited its minority investment following the recap.
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Meco's 2024 gross written premiums totaled $63mn.
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The business insurance segment booked a CoR of 96.2%, up 2.9 points YoY.
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The release followed the filing of an updated Plan of Operation.
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A quick roundup of today’s need-to-know news, including Howden, Risk Strategies, Fortegra and more.
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The role will unify the P&C and professional and executive risk practices.
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Fortegra launched a sale process months ago with Barclays and BofA advising.
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The move will enable Hadron to deliver more admitted insurance solutions to clients and policyholders.
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The Floridian company applied to be traded on the NYSE.
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ISA is part of Ryan Specialty National Programs, which launched last month.