Aon Reports Second Quarter 2024 Results

Published on July 29, 2024
Second Quarter Key Metrics Total revenue increased 18% to $3.8 billion, including organic revenue growth of 6% Operating margin decreased 910 basis points to 17.4%, and adjusted operating margin...
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Sixth Street to acquire Enstar in $5.1bn transaction

July 29, 2024
Global insurance group Enstar is set to be acquired by existing investor Sixth Street in a $5.1 billion transaction, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the deal.Upon closing of the transaction, Enstar shareholders will receive a total of $338.00 in cash per ordinary share of Enstar, which represents a total equity value of $5.

CNA Financial reports $317m net income in Q2’24, P&C CR hits 94.8%

July 29, 2024
Chicago-domiciled insurer, CNA Financial Corporation has reported a net income of $317 million for the second quarter of 2024, a solid increase from the previous year’s $283 million. At the same time, the company stated that net investment losses for the quarter were $9 million compared to $25 million in the prior year quarter, while core income for Q2 2024 sat at $326 million, versus $308 million