Insurance Brokers 3Q'25 Update

Insurance brokers have been going through a not-so-fun period, especially relative to the broad market over the last one month. Now that all the major five insurance brokers released their 3Q’25 earnings, let me dig into them a bit behind the paywall.

In addition to “Daily Dose” (yes, DAILY) like this, MBI Deep Dives publishes one Deep Dive on a publicly listed company every month. You can find all the 64 Deep Dives here.