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The Insurance Insider US news team runs you through this week’s key M&A deals. -
The mid-market unit has been a home run but will now face the fresh test of integrating a $1.3bn revenue business.
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The raise includes minority investments from Nationwide, Enstar and others.
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The executive joins Munich Re from Amwins Global Risks.
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Private equity-backed buyers accounted for 73.1% of all deals in the period.
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Sources expect at least $80mn-$90mn of insured losses stemming from the case.
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Richard Pennay will become CEO of Aon Securities.
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October 17 has been set as the deadline for written comment.
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He replaces Richard Goldfarb, who will remain as head of strategy.
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Interest in these vehicles has increased recently, but market softening could throw a curve ball at growth.
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Rising sea levels and ocean warming were likely factors in Helene’s strength.
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The executive has over 20 years’ worth of actuarial and analytics experience.
