Stock price performance provides the best barometer of investor sentiment on the prospects for insurance companies. More than 70 percent of the world’s insurance premiums are now written by stockholder-owned companies, so the assessment of the equities markets and the capital providers they represent is more relevant to insurers than ever before. They provide the fuel that enables the industry to grow.
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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.