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The deal represents 4x of the broker's 2023 revenues and 24x of its after-tax earnings. -
The insurer appointed industry veteran Tim Martin as surety division president.
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The firm’s underwriting performance is hard to piece together from the limited available data.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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The broking team led by Christian Warrener is expected to join Oneglobal as part of the deal.
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The Insurance Insider US news team runs you through the key M&A deals from the past week.
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Recent contingency losses reflect a willingness of the market to go looking for premiums.
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The start-up's founder set out the new broker’s strategy, M&A goals and structure.
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The BMC-IBM judgment was insured for about $700mn on a heavily co-insured tower of around $1bn.
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Reid spoke about M&A, organic growth, remaining an employee-owned private firm and the expected disruption in US broking.
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The Insurance Insider US news team runs you through the key M&A deals from the past week.
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The deal represents a major milestone in AIG’s repositioning as a pure-play P&C insurer.
