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The reduced fine reflected the PRA view that the breaches weren’t deliberate. -
North American carriers completed the most transactions in the first half of 2025.
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Goldman Sachs and Cinven have also participated in the German broker’s sale process.
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Demian Smith joins from Guy Carpenter.
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The fronting insurer will be able to support MGAs across the 27 EU states.
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Surveys show diversity and inclusivity foster a sense of belonging and increase productivity.
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The figure updates an April estimate of EUR696mn.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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PE owner Livingbridge brought the broker to market two years ago.
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The firm is currently working with 13 MGAs, including QMetric and Eaton Gate.
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The broker’s EPS beat consensus at $3.49 for the quarter.
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