Brokers
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The Big Four warned of an uncertain, complex outlook for 2025 and the 1 January renewals. -
The choice to build a reinsurance unit at arm’s length alleviates some financial strain.
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The two parties are targeting a launch by the end of the year, with scope for WTW to buy the start-up at maturity.
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Renewals will depend on clients’ ability to differentiate themselves from broad-brush trends.
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This publication reported Melvin’s hire on Wednesday.
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Sources said that the business will be marketed off adjusted Ebitda of ~$500mn, including a title broking asset.
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Property underwriters warn of complacency in how quickly margins can erode.
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In its first six weeks, Taurus has brokered more than £100mn of UK real estate.
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The festival will host more than 130 events across 48 countries to promote D&I.
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The July downtime will increase relevance, demand and innovation for the market.
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Quintes' revenues for 2025 are projected in the $110mn-$120mn range.
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