The agreed £2.8bn ($4.2bn) deal to combine global specialty (re)insurance powerhouses XL and Catlin was driven by a desire to position for structural change in the sector by being a first mover in M&A.
The agreed £2.8bn ($4.2bn) deal to combine global specialty (re)insurance powerhouses XL and Catlin was driven by a desire to position for structural change in the sector by being a first mover in M&A.