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Current backer JC Flowers will retain its holding and the cash will fund a Bermuda acquisition. -
New sources of capacity lack the expertise to service rapidly developing clients.
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Abbas Juma has spent more than seven years at Howden M&A in various senior roles.
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The upcoming Lloyd’s Lab cohort 16 will include a dedicated Irish theme.
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Several airlines are understood to have come to market early.
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The company will continue its capacity partnership with the MGA until 2030.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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Howden’s portion of the US retailer’s premium is in particular focus.
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The Lloyd’s investment business has cut expenses by 54% over the past six months.
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The deal will be watched closely by Radian’s handful of similar peers.
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Sean McGovern will step down from the role in December.
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Plus, the latest people moves and all the top news of the week.
