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Executives reiterate the mid-single expansion guidance announced in March, despite growing organically by 1% in 2020.
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The modeller had reportedly been the subject of an $86-per-share bid from real estate analytics firm CoStar prior to its $80 deal.
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Bryte has also granted an underwriting binder for its entire corporate property book to Sapphire Risk Transfer.
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The acquisition will sit within the group’s advisory segment alongside the Towergate regional network.
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In a joint submission, the intermediaries argue that the deal will not reduce market competition in New Zealand.
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Broker M&A deal flow was strong in 2020 but due diligence has become a major focus.
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The investment will help finance hires and expansion into other jurisdictions.
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The carrier is in the early stages of marketing a US construction defects book and a UK motor portfolio.
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Plus the highlights of Insider London Live and all the week’s top stories.
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Aon’s decision on its post-deal reinsurance leadership shows it has moved past tactics of its Benfield-era integration.
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An all-staff memo obtained by this publication stresses Case and Haley’s emphasis on a ‘one firm’ approach.
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Gebauer, Kent, Pullum and Garrard are among the Willis execs named to big jobs.