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Under the proposals, Ardian would become the French broker’s main financial investor. -
Growth came across all lines, and losses from catastrophe events were within expectations.
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The carrier has received 12,300 claims as of 28 March.
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Analysts see Conduit’s extra reinsurance buying as a positive development.
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des Cressonnières has worked for the carrier for 28 years.
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Sources said extending coverage to Gen AI may be difficult and unnecessary.
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Executive chair Neil Eckert will step in as interim CEO.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The merger is set for April 2027, subject to regulatory approval.
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The event has caused widespread damage in Bangkok, Thailand.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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Plus, the latest people moves and all the top news of the week.
