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PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.
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The MGA launched last October with a B.P. Marsh investment.
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This publication revealed the appointment earlier today.
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The MGA will have a broad casualty-focused appetite with Lloyd’s capacity backing.
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Westfield Specialty has experienced high turnover in its London market operations.
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The appeals court has ruled that composite policies provide multiple limits.
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The broker’s current Australia and Asia CEO starts her new role on 1 July.
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Cedants could choose to retain more as cross-share sell-offs boost their capital.
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The carrier recently started underwriting construction in Lloyd’s through Probitas.
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This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
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Plus, the latest people moves and all the top news of the week.