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PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers. -
This publication revealed the appointment earlier today.
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The appeals court has ruled that composite policies provide multiple limits.
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The broker is understood to be seeking a consideration of £3.75bn+.
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Retention levels for reinsurance fell across the different geographies the carrier operates in.
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The ratings agency has revised Mercury’s outlook from stable to negative.
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The executive will maintain his advisory role with the Ardonagh-owned wholesaler.
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The carrier pegged its California wildfire losses at $200mn pre-tax.
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The group includes James Cooke and Angus Ovens.
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The estimate is net of its per-occurrence reinsurance program and gross of tax.
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Continuum is advising the distribution group, which halted its auction in February 2024.
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Talbir Bains founded the Acrisure-owned MGA in 2018.
