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The restructuring arrangement is designed to protect creditors. -
The Pacific region led the quarter’s price decline at -8%.
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CEO Tom Kang said Converge will now be able to deploy a total of $10mn in limit in certain segments.
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RenRe gave the highest anticipated market loss of $50bn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The agency said it does not expect a “material impact” from the charge.
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Regulators have been keeping a close watch on the market, however.
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This is FMH’s first acquisition since acquiring Axa XL’s crop unit last April.
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A quick roundup of today’s need-to-know news, including CA wildfires, Everest, State Farm and rates.
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The event now includes a casualty portion and has officially been re-branded as the Property and Casualty Symposium.
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The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
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The company says the recent wildfires will be the costliest in its history.
