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The prospective capital injection would be structured as preferred equity, sources said, with final terms yet to be agreed. The deal, if concluded, would allow BDT & MSD Partners— which previously led a $3 billion senior preferred stock investment in Acrisure in 2021— to partially redeem its existing position in the company.
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[ad_1] Akira and Black Basta dominate variants as early reporting proves critical [ad_2] Source link
[ad_1] The lawsuits come amid growing instability in the state’s property insurance market, where several insurers have scaled back offerings or exited the market altogether, citing increased wildfire risk, rising claims costs, and regulatory constraints. [ad_2] Source link
[ad_1] Small businesses face big challenges in risk mitigation [ad_2] Source link
[ad_1] Running a small business comes with big responsibilities—from protecting your property and employees to understanding the fine print in your insurance policies. At Central Insurance, we’re committed to helping business owners navigate these challenges with confidence. In this roundup, we’ve gathered our most valuable small business resources to help you understand your coverage, manage…
[ad_1] As cybercrime grows more sophisticated, Patrick Costello makes the case for MGAs who prioritize people over products [ad_2] Source link
[ad_1] In Asia, underlying net income was C$197 million, an increase of C$20 million or 11%. Asset management and wealth contributed C$7 million from higher fee income driven by increased assets under management. Individual protection added C$13 million, driven by new sales, in-force business growth, and joint venture performance, partially offset by lower surplus earnings…
