Howden
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Pricing in the D&O market is starting to flatten after several years of steep decreases. -
The broking group also increased its euro loan by EUR160mn to EUR1.16bn.
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Rowan Douglas steps down as Howden climate risk CEO, stays on as senior adviser.
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Clive Strickland previously worked at Gallagher, where he had been a partner since 2020.
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Mark Wood chairs Howden Asia Pacific and Howden Private Wealth, and is deputy chair of UK&I.
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The transaction is expected to close early in the first quarter of 2026.
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Sources said the deal will value the US M&A insurance broker at over $500mn.
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Marsh has accused its former execs of flouting a preliminary injunction.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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Parties will now brief on a request for a preliminary injunction on an expedited timeline.
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A motion by defendants to dismiss the case was also denied.
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The move comes after the withdrawal of a complaint in the Delaware court.
