Brown & Brown
-
Sources said that negotiations are proceeding well with a path to do a cash deal. -
Q1 was the ninth consecutive quarter of below-average deal volume.
-
The Insurance Insider US news team runs you through this week’s key agency M&A.
-
It will be tough to pull off prior goals despite management assurances.
-
The firm acquired total assets of $65mn and assumed liabilities of $11mn.
-
Q1 rates in most lines were consistent with prior quarters but slightly down on 2024.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The UK broker is still in talks with Mubadala about a standalone investment in the business.
-
Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
-
Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
-
This publication revealed the appointment earlier today.
-
He will have to step down from his non-executive role on the board to take the job.
Related
-
Brown & Brown paid $62mn for Minnesota retail agency The Canopy
February 14, 2025 -
Brokers Q4: Business mix and M&A key as organic growth wanes
February 04, 2025 -
Brown & Brown prepared for M&A of ‘pretty much any size’: CEO
January 28, 2025 -
Q4 earnings roundup January 27: WR Berkley, Brown & Brown
January 27, 2025