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The revision is significantly lower than the $4.5bn October estimate. -
Their next destination remains unknown.
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The exec will lead key initiatives including Aon United, and work closely with NFP.
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The new CEO said recent purchases were designed to protect earnings volatility.
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Sources suggested that the multiple could be as low as the 13x range as valuations reset.
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Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
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The consultation is a “welcome change of approach” from the regulator.
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A roundup of all the news you need, including the appointment of Conduit Re’s CEO.
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The CEO said Ascot would deploy capital where it sees opportunities.
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Aviva and Direct Line struck the landmark deal in December.
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New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
