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Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
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The company has been buying out Omers’ shares since 2015.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Ballan has prior experience at Liberty Mutual, Alliant Insurance and Davis Polk & Wardwell.
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The law takes effect January 1.
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Ohio’s Supreme Court unanimously said the abatement fund isn’t covered by the paint maker’s insurance policies.
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More competitive pricing is predicted for the commercial insurance market.
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The executive has prior experience at Houlihan Lokey, Nomura and Deloitte.
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The promotions are in the commercial/life and personal/specialty operations.
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Third-party liability, auto, medmal and premises liability remain challenging.
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Deal value was driven by mega deals including MMA-McGriff and Enstar-Sixth Street.
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The carrier has seen two other exits from its US tax team this year.