For many chroniclers, Fairfax's agreed takeover of Brit of last week will fit neatly into a narrative around industry consolidation that they have constructed in the past quarter from M&A events.
An over-reliance on the profits generated by property cat business is driving the recent wave of M&A, Hamilton Insurance Group CEO Brian Duperreault told an audience at Insider London last week (5 February).
Arthur J Gallagher International CEO David Ross is leaving the company to become the next CEO of Towergate, The Insurance Insider revealed earlier today.
Mike Pritchard, the active underwriter of Beaufort's syndicates for three decades, is gearing up to return to the market with a new Lloyd's venture, The Insurance Insider can reveal.
