-
The Goldman-backed consolidator branched out into MGAs this year. -
The talks are advanced, and the process is likely to move rapidly.
-
The deal comes after 127 transactions for Risk Strategies since 2018.
-
The transaction is expected to close before the end of the second quarter.
-
The agency will track the potential impact of the lawsuit on James River’s ratings.
-
The Belgian carrier lodged a takeover bid in January.
-
The broker had recently received “multiple strategic approaches”.
-
James River sued Fleming yesterday to enforce the $277mn sale of its casualty re unit.
-
Fleming has claimed breach of contract and is seeking roughly $78mn in “economic concessions”.
-
The broker aimed to secure better terms and borrow more from public lenders.
-
Aviva will need to manage the talent base deftly to get the most from the deal.
-
Lloyd’s is now an attractive environment for entrepreneurs, the CEO said.
