Ardonagh
-
The deal, revealed by this publication in December, values the firm at $14bn. -
Reported income for the year rose 24% to $1.98bn.
-
The insurer has participated on McGill and Price Forbes facilities, as well as Amwins.
-
Ian Donaldson and Craig Ball will rejoin Ardonagh in new roles focused on AI.
-
The strong deal multiple underscores the view of London as a “gateway to the world” for brokers.
-
Insurance Insider revealed yesterday Stone Point will join Madison Dearborn and HPS as shareholders.
-
It is understood that Lectio is now at ~$160mn of premium and could rise to $270mn next year.
-
Paul Nolan is expected to join Globe in July 2025.
-
-
Geo Europe CEO Walter Craft will remain with the financial lines business.
-
The downstream market is expected to soften in the second half of the year.
-
The broker has spent the bulk of his career handling major accounts.
Most Recent
-
LSM appoints Butt as UK casualty claims head
30 June 2025 -
Daily Digest: Top news from 30 June
30 June 2025 -
Lloyd’s welcomes scrapping of US ‘revenge tax’
30 June 2025 -
Reviewing major non-cat loss events in H1 2025
30 June 2025 -
BP Marsh increases Pantheon shareholding to 39%
30 June 2025