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The cost comes in at $530.6bn, roughly $20mn lower than budgeted.
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Sources said NY-based Lee Equity is seeking to extend its investment in the TPA heavyweight.
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The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
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The platform will capture and standardise data from all submissions, the broker said.
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A roundup of all the news you need, including the departure of Sompo’s Tariq Al-Salihi.
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The firm believes UK support for policyholders is under-served compared with the US.
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R&Q Gamma’s outstanding liabilities predominantly relate to the UK P&I Club.
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The underwriter joined MS Amlin in 2020 after more than 24 years with Markel.
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A roundup of all the news you need, including Air India’s all-risks programme.
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Air India has a multi-year insurance arrangement in place.
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Plus, the latest people moves and all the top news of the week.