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The reinsurer said US president Donald Trump’s policy was already impacting investment.
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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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Demand and growth opportunities remain ample despite competitive pressures.
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Parent Aventum said co-CEO Paul Richards remains with the business.
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The weather-modelling agency is predicting a below-normal season.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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Sources said the downstream energy market is unlikely to turn a profit in 2025.
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Partner Neo Combarro announced his departure on LinkedIn in May.
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It was announced earlier today that the US wholesaler had agreed to acquire Atrium.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.