-
Unpacking how much excess capital there really is and dissecting the source of its returns. -
Previously, the auction drew takeover interest from DB and Dai-ichi.
-
The executive is departing for a role at Birch Risk.
-
Most sectors saw lower premium increases, with five reporting decreases.
-
US national accounts head Paul Lavelle will retire as of June 1.
-
The program will succeed the previous buyback launched in 2023.
-
The executive joined the MGA in January 2024 and has spent his entire insurance career within the TL space.
-
Previous complaints alleged their involvement, but this is the first time a complaint has identified the alleged funders.
-
Michael Brooks, SVP, head of transactional liability, will be taking over temporarily.
-
Sources said MarshBerry was retained earlier this year to run the sale.
-
The moves come as the company said it will "double down" on US E&S.
-
The company has settled, or is in the settlement stage, for 80% of the exposure.
