Mubadala, the Abu Dhabi-based sovereign investment fund, and Hg Capital, an existing Howden shareholder, are expected to contribute around $2 billion (£1.5bn) each in equity. The new investment would value Howden at approximately $20 billion, implying a combined valuation of around $30 billion for the group.
“Some takeaways were that interest rates are likely to remain somewhat high, especially if tariffs are high, but that there’s a huge need for housing, especially multifamily housing,” he said. “So, networks can take back to their agencies, saying, ‘You ought to look at commercial habitation risk,’ because there’s building, there’s growth, there’s funding, and…
Additionally, Marsh has also announced that Andrew Herring will take on the role of global chair of energy & power, effective January 1, 2026. Herring, who joined Marsh in 2010, has led the UK energy & power team since 2012 and will continue to be based in London. Source link
Risky Credille Insurance has built a strong reputation over the past 25 years as a trusted provider of health insurance services across the Southeast, including Alabama, Kentucky, Mississippi and Tennessee. The agency’s focus on Medicare aligns with King Risk Partners’ strategy to enhance its offerings in this sector. Source link
Hippo’s response to wildfire threats Hippo said that it has been expanding partnerships with housing developers to provide homeowners’ insurance, particularly in states like California, where McCathron said it serves as the company’s primary source of new business. The insurer currently has access to about 120,000 new dwellings nationwide, with continued quarterly growth. Source link
