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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The merger is set for April 2027, subject to regulatory approval.
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The outcome could have a wide-reaching impact on the tax liability market.
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The event has caused widespread damage in Bangkok, Thailand.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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Plus, the latest people moves and all the top news of the week.
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The first quartile contracted on the back of Beazley 2623’s GWP reduction.
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The shares will be purchased via the open market or private third-party transactions.
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RBC reports can help regulators identify weakly capitalized companies.
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Owners Apax and Carlyle face critical decisions about the broker consolidator’s future strategy.
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Several insurers and MGAs have launched into the class of business over the past year.
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After a two-year delay, more than 100 staff investors will be out of pocket.