This dynamic is especially evident among large brokers across the US, whether they’re private equity–backed or independent. Many brokers need infrastructure, specialized expertise, and access to tools that require investment, and the decision to build from within or to join a firm already ahead has become central to strategic thinking.
In comparison, Chubb achieved record net income of US$9.27 billion for FY2024, or US$22.70 per share, and core operating income of US$9.20 billion, or US$22.51 per share. Consolidated net premiums written were US$51.5 billion, up 8.7%, with global P&C up 9.6% and life insurance up 15.7%. The P&C combined ratio for the year was 86.6%….
Summer brings sunshine, road trips, pool days, and plenty of opportunities to make lasting memories—but it also comes with unique risks that can catch you off guard. That’s why the Central Insurance team is here to help protect you when it matters most with our roundup of articles sharing important summer safety tips. Whether you’re…
Mercury’s combined ratio for the quarter stood at 119.2%, up from 100.9% in Q1 2024, reflecting elevated loss activity from catastrophe events. Catastrophe losses, net of reinsurance, reached $447 million in the quarter, up from $72 million a year earlier. Source link
Allard joins Starwood Capital with more than 27 years of financial services experience. Most recently, he helped establish Rothesay Asset Management North America, where he held dual roles as chief investment officer and head of Rothesay North America for seven years. Rothesay, originally founded within Goldman Sachs, was later acquired by Blackstone, GIC, and MassMutual…
