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The broker is committed to expanding in A&H, especially in European markets.
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He replaces long-serving executive Gary Long, who retired earlier in the year.
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The Charles Taylor chairman will help assess broking, InsurTech and service provider targets as an advisory council member. -
Davies owner HGGC looks to up its involvement in sector, while Abry seeks an entry to the UK market.
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The Zurich-owned carrier retains a financial strength rating of A2 and a surplus note rating of Baa2.
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The mutual had exited general insurance via its deal with Allianz last year.
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The competition watchdog will reportedly open a full investigation after its preliminary review ends on 21 December.
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The milestone was set out in a combined all-staff townhall as the firms look forward to an H1 close.
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The 10-year and 30-year bonds will be issued in a private placement.
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The legacy transaction is the first undertaken by The Carrick Group since it was launched last year.
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The acquisition of the digital-only broker is part of GRP’s ‘omni-channel’ approach.
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KPMG-run business nears endgame as AJ Gallagher returns for sizeable UK deal.
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