Tysers
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The broker has operated in Dubai since 2006, and is pursuing a strategy of international expansion.
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Initial £800mn price tag seems well out of reach as suitors struggle with heavy pro forma adjustments to earnings. -
The broker has also expanded its Dubai office with three hires.
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Plus the lowdown on CFC’s syndicate capacity and all the top news from the week.
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Sources said Cinven-Tysers talks are focused on valuing the contingency business and issues around cultural fit.
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Aylward will lead the growth of the newly structured division, which will focus on the US market.
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An exit would carry a multi-hundred-million price tag.
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A report suggests the UK government is rethinking its opposition to a state-backed scheme.
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The Norwegian mutual says pricing achieved a balance between owners’ needs and underwriting profitability.
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Green headed up the yacht operation at Marsh JLT Specialty after working at Miller.
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The new recruit recently implemented Convex’s IT and operations functions.
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The club reported a combined ratio of 102.2% for the first half of 2020, and an underwriting deficit of $2.2mn.
