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Losing senior women creates a knock-on effect as juniors lose role models. -
The mortgage insurer said Inigo will continue to operate as a standalone business.
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The acquisition furthers Howden’s expansion into the US retail space.
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The CEO said the lack of portfolio crossover was highly attractive to Inigo.
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More general issues at recruitment level include drawing from too narrow a pool.
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The US mortgage insurer announced its $1.7bn acquisition of Inigo earlier today.
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Alessa Quane will report to Sompo P&C CEO James Shea.
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The deal becomes part of a wave of carrier dealmaking.
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A roundup of all the news you need, including Radian’s $1.7bn acquisition of Inigo.
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The 2024-25 period has been the worst on record for claims, with costs of $775mn+.
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Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
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The deal marks the latest step in Catalina’s shift from P&C to life run-off.
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