'I am convinced that given the circumstances we took the right decision not to make an offer,' says chief...
DLG making significant cost cuts after recording operating loss of nearly £200m
'We need to do more to drive performance,' says chief executive Direct Line Group (DLG) has revealed that it saw an operating loss from its ongoing operations...
'We need to do more to drive performance,' says chief executive Direct Line Group (DLG) has revealed that it saw an operating loss from its ongoing operations...
Article / 8 days ago
Behind the Headlines: Lloyd's results 2023 and Tokio Marine Kiln's Syal on the record
Insurance Insider editor in chief Catrin Shi helps unpack Lloyd’s preliminary 2023 results, and offers her perspective on Aviva’s acquisition of Probitas....
Insurance Insider editor in chief Catrin Shi helps unpack Lloyd’s preliminary 2023 results, and offers her perspective on Aviva’s acquisition of Probitas....
Podcast / 14 days ago
BRP Q4 revenue up 16%; selling wholesale brokerage platform
BRP Group Inc., the parent company of brokerage Baldwin Risk Partners LLC, on Wednesday reported fourth-quarter 2023 revenue of $284.6 million, up...
BRP Group Inc., the parent company of brokerage Baldwin Risk Partners LLC, on Wednesday reported fourth-quarter 2023 revenue of $284.6 million, up...
Article / 29 days ago
Ryan Specialty targets more M&A in 2024 - Business Insurance
Ryan Specialty Holdings Inc. sees significant acquisition opportunities in the year ahead, including some large deals, the specialty brokerage's top executive said on a call with analysts...
Ryan Specialty Holdings Inc. sees significant acquisition opportunities in the year ahead, including some large deals, the specialty brokerage's top executive said on a call with analysts...
Article / 30 days ago
Merger failed, top talent bailed – how this broker thrived through adversity - Insurance Business America
And why specialization (and slashing costs) has helped...
And why specialization (and slashing costs) has helped...
Article / 2 months ago
CAC revenues up 40% in 2023, with further growth and possible M&A forecast
CAC Group's revenues increased almost 40 percent to $263mn in 2023 as the fast-growing broking business recorded significant expansion across its...
CAC Group's revenues increased almost 40 percent to $263mn in 2023 as the fast-growing broking business recorded significant expansion across its...
Article / 2 months ago
Insider US in full: Too big to sell: AssuredPartners and the challenges for levered brokers
AssuredPartners exemplifies the challenges that levered brokers are facing.
AssuredPartners exemplifies the challenges that levered brokers are facing.
Article / 2 months ago
Argo Group readies for merger, reports Q3 net loss of $49.5m - Royal Gazette
Bermudian-based Argo Group International Holdings Ltd has reported a third-quarter net loss attributable to common shareholders of $49.5 million....
Bermudian-based Argo Group International Holdings Ltd has reported a third-quarter net loss attributable to common shareholders of $49.5 million....
royalgazette.com /
Article / 5 months ago
Q3 InsurTech investment surpasses USD1 billion on P&C surge
Global InsurTech funding increased 19.8% quarter on quarter. Early-stage InsurTech funding increased 24.7% from Q2 to Q3. Deal share for US-based InsurTechs at the highest level since Q1 ’20...
Global InsurTech funding increased 19.8% quarter on quarter. Early-stage InsurTech funding increased 24.7% from Q2 to Q3. Deal share for US-based InsurTechs at the highest level since Q1 ’20...
PR / 5 months ago
Insurer in Full: The penny finally drops for R&Q shareholders – and with it millions in lost equity
The debt-riddled, loss-making R&Q Group finally sold its program arm Accredited late on Friday to Canadian private equity firm Onex Partners...
The debt-riddled, loss-making R&Q Group finally sold its program arm Accredited late on Friday to Canadian private equity firm Onex Partners...
Article / 5 months ago