Likely the biggest takeover approach in Australian insurance broking history would split the broker network and underwriting agency empire between the two US heavyweights
Shares in the ASX-listed insurance broking giant have been frozen as the market awaits news of a potential control transaction
In a valedictory Convention appearance as group CEO, Robert Kelly said the country is already in a technical recession
The giant brokerage has acquired Victual and its sister business adding specialist food and beverage risk advisory, broking and underwriting capabilities to its network and specialty distribution footprint
Giant broker network's latest profit lift, acquisition chest and platform push underscore accelerating consolidation in broking