The cat market needs a jolt and the shortage of capacity might do just it: Beazley
Reinsurers have a responsibility to their clients not to completely cut writing natural catastrophe business and instead to devise solutions for clients—but the pricing and structures of treaties must adjust to take in a new risk environment.
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29 December 2025 From Gallagher’s $13.45bn blockbuster buy to Markel’s exit from global reinsurance, 2025 delivered surprises on both ends of the M&A spectrum. We take a closer look at the deals and retreats that shook the market.