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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The transaction follows the acquisition of Candence Insurance for over $900mn and Eastern Insurance for $510mn.
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In August, Inside P&C revealed that Doxa launched a strategic process after earlier attempts to reach a bilateral deal fell apart.
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The news comes around five months after this publication revealed that Latin America’s third-largest carrier had placed certain foreign subsidiaries up for sale.
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Optis reported that BroadStreet Partners overtook Hub International as deal count leader in Q3 with 20 transactions, an 87% increase from last year.
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Liberty GTS noted a fall in the proportion of R&W notifications where the potential loss exceeds the retention in the last 12 months as compared to the preceding 12 months.
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KPMG said the primary drivers for broker consolidation are still in place, including sticky rate increases and economies of scale via aggregation, among others.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The challenging funding environment has left InsurTechs with limited options for capital raising and liquidity.
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Inside P&C’s news team runs you through some of the key M&A deals from the past week.
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The deal comes over a year after this publication revealed that the companies were in takeover conversations.
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Inside P&C runs you through the highlights and exclusive news broken by our team this week.