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The combined business volume of the two firms is CHF20.1bn. -
The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
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Meco's 2024 gross written premiums totaled $63mn.
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The business will still look at large non-life deals in particular in-the-money ADCs.
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The acquisition will position Ageas as one of the top three UK personal lines insurers.
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The book of business comprises both personal and commercial lines.
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The IGH closure is bitter for employee investors left with nothing – but such investments are inherently risky.
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The reinsurer said the probe concerns the alleged involvement of its former chairman.
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Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
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The strategic investment supports Icen’s international ambitions.
