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The business is one of the first to sell in this round of Lloyd’s M&A.
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Sources said the downstream energy market is unlikely to turn a profit in 2025.
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The challenge now is balancing top-line growth with underwriting discipline amid falling rates.
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The three months to June included a cluster of Guy Carpenter exits.
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The aerospace, energy and marine markets all sustained multiple significant losses in H1.
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Green hushing is on the rise as Trump rows back on climate initiatives.
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Insight into the state of the insurance M&A market, powered by this publication's deal database.
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Although US pricing is improving there is pressure in other geographies.
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Hannover Re’s CEO is lowest paid among peers, despite their pay growing 77% since 2015.
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The investment comes amid expectations of a new cycle of deals.
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Some segments are moving faster than anticipated, but overall, it remains a mixed bag.
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Working out ROI on sponsorship deals is difficult, but the sport is beloved by insurance brands.