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The MGA will initially focus on credit, energy and construction. -
The business posted a 95.2% undiscounted combined ratio.
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Alistair Lester joins from Aon, where he has worked for the past eight years.
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Plus, the latest people moves and all the top news of the week.
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The transaction is expected to have a price-to-earnings multiple of 11x.
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Aviation reinsurance reserving issues will also be a broader focus for the market.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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The model becomes the second in the state to get approval to affect ratemaking applications.
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A majority of staff not offered jobs at Ryan Re will remain at Markel to manage the run-off.
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The Miami-based executive assumes the role left vacant by April McLaughlin.
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DB reiterated that no final decisions have been made regarding a potential deal.
