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Davies shakes up top leadership as new strategy takes shape
Insurance
Global expansion and organic growth plans target £2.5-3.0bn annual revenue by 2030.   3 January 2025
Palomar expands into surety insurance market
Reinsurance
It sees the surety market as a ‘highly profitable’ sector with strong growth potential.   3 January 2025
Marsh McLennan buys New York insurance agency
Insurance
The acquired firm specialises in the construction, real estate and aviation industries.   3 January 2025
Insurance
The acquisition is expected to boost its offerings for small to mid-market accounts.   3 January 2025
Insurance
The divestiture aims to enhance its B2B focus and optimise its portfolio.   3 January 2025
Reinsurance
US casualty saw constrained capacity despite market improvement.   2 January 2025
Reinsurance
Property cat renewals were ‘oversubscribed’, reinsurer appetite outpaced demand.   2 January 2025
Reinsurance
Reinsurers show greater flexibility at 1/1 with stable pricing and eased terms.   2 January 2025
Reinsurance
CEO Egan expects the deal to boost its return on equity and book value per share.   2 January 2025
Insurance
Aon has finalised its acquisition of a UK-based insurance broker with ‘complementary’ capabilities.   2 January 2025

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