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Anti-DEI shareholder activist groups are targeting directors and officers with increasing threats of litigation. -
A quick roundup of today’s need-to-know news, including DUAEs, surplus lines growth and Axis buybacks.
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Other backers include Arch Specialty, Allianz, Allied World and HDI.
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Interest in maintaining current DUAE relationships outweighs forging new ones.
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The new Floridian carrier plans to write homeowners’ insurance in Q1.
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The group posted a 27.5% gain for January and 23.7% for December.
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Andy Taylor will also retire after over 25 years with the company.
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The PE firm held over 6.7 million Axis shares, around 8.2% of shares outstanding.
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Challenges will include boosting the target’s organic growth, Building the Machine, and prepping for an IPO.
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Aon saw lower rates in reinsurance as capacity outstripped demand.
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The company’s reinsurance business also has some exposure, the executive said.
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A quick roundup of today’s need-to-know news, including Howden, Arcadian and Nationwide.
