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She joins the brokerage after 18 years at Canada’s Intact. -
The floods have killed at least 81 people, with dozens more missing.
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The CD&R and Stone Point-backed wholesaler said that further international deals may follow.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
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Sixth Street and Cornell also bid for the wholesaler.
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But June was the busiest month of the year on the back of recent broker churn.
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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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The deal comes amidst an expected spell of M&A on Lime Street.
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The January wildfires did little to hamper their appetite, apart from California.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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At the year’s mid-point, there were 111 new SCAs filed in federal courts.
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The cyber business will continue to operate as a standalone entity.
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