Commercial E&S
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James River also amended the convertible preferred equity held by Gallatin Point and closed its strategic review. -
London market carriers may be getting competitive, but that is not in itself a bad thing.
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It will offer additional capacity to WTW US property clients with a limit up to $25mn.
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James River will also oppose a Fleming motion to uncover additional documents.
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US-listed brokers and carriers have generally continued to produce strong growth even in a transitioning market.
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The need for specialty lines is greater than ever before, said Patrick G. Ryan, founder, chairman and CEO of Ryan Specialty.
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It is understood that the executive will report to Scott Meyer, now COO for NA Insurance.
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Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan.
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The acquisition allows AM Specialty to expand its E&S offerings.
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Latin America and the Caribbean accounted for 4.6% of GWP for Lloyd's in 2023.
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The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.
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