Service provider

Sources said NY-based Lee Equity is seeking to extend its investment in the TPA heavyweight.

The number has expanded by around 40% from an earlier update, sources said.

The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.

The exec said if he were a carrier CEO, now is the time he would start looking for deals.

Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.

The executive will define strategic priorities and guide global growth.

CEO responsibilities will be shared by Chris Newman and Tanya Krochta.

Most of the industry losses occurred in Austria, the Czech Republic and Poland.

Brokers and service providers dominated transaction activity.

Stuart Cheers-Berry was delegated underwriting authority controller at PoloWorks.

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