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An issue has emerged in diligence, and Howden has a complex consortium to align.
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Caution around economic volatility wrought mixed outcomes in specialty re.
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Michael Pickel retired from Hannover Re last year after 25 years with the reinsurer.
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Willis said rising energy demand is creating a revival in the nuclear industry.
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Under the proposals, Ardian would become the French broker’s main financial investor.
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Sources said extending coverage to Gen AI may be difficult and unnecessary.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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Owners Apax and Carlyle face critical decisions about the broker consolidator’s future strategy.
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After a two-year delay, more than 100 staff investors will be out of pocket.
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Reported income for the year rose 24% to $1.98bn.
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The broker has recently unified its global financial lines practice.
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The regulator is also aiming to digitise and simplify its authorisation process.