100GT+ maritime losses drop 70% in last decade, but the speed and extent to which risk profile is changing is "unprecedented in modern times," says Head of Marine Risk Consulting.
Deal reportedly values Specialist Risk Group at more than £1bn (US$1.27bn) including debt, with acquisition expected to support international expansion, including in Asia.
The acquisition aligns with Nissay's strategy to diversify income and double core operating profit by 2035, with a focus on international acquisitions.
