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Markets have taken a battering across the globe following the “Liberation Day” announcement. -
Insurance’s demand inelasticity will be its greatest strength in 2025.
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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Insurance Insider US revealed last December that the firm had retained RBC to run a strategic process.
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Even if M&A activity picks up, Atlantic does not expect R&W rates to jump significantly.
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Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
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The bill being considered would effectively eliminate personal injury protection.
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Total reinsurer capital grew by $45bn in 2024 to $715bn.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
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Keogh worked at Aon for nearly 30 years before retiring in 2022.
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