All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jul 8 2021 // HUB International Ltd. has acquired the operating subsidiaries of TCG Group Holdings LLP, doing business as Trusted Capital Group.Terms of the transaction were not disclosed. John Pesce, CEO of TCG, Jeff Montgomery,...
Jul 6 2021 // Hub International Ltd. has acquired the assets of Ward Insurance Agency Inc. in Oregon.Terms of the deal were not disclosed. Erik Finrow, president of Ward Insurance, will join as executive vice president of Hub Northwest....
Jul 6 2021 // Dutch insurer NN Group announced on Monday it has agreed to acquire MetLife’s business activities in Poland and Greece, for a total consideration of €584 million (US$692.8 million).The acquisition, which will...
Jul 6 2021 // London-based broker Aston Lark continues with its buying spree with the purchase of ES Risks Ltd.Financial details of the acquisition were not disclosed. Established in 2007 and based in London, ES Risks is a 45-strong...
Jul 6 2021 // Truist Insurance Holdings and its wholesale insurance subsidiary CRC Group have closed on the acquisition of Constellation Affiliated Partners, an insurance distribution platform operating seven managing general agents...
Jul 6 2021 // Bermuda-based Arch Capital Group Ltd., along with investment partners Kelso & Company and Warburg Pincus, announced the completion of the previously disclosed acquisition of Watford Holdings Ltd.Watford and Arch...
Jul 2 2021 // These International People Moves include appointments at AXIS Re, Zurich Insurance Group and MS Amlin.Details of these new hires follows. AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced...
Jul 2 2021 // Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology.The company is raising $200 million from Sequoia...
Jul 2 2021 // Gallagher announced the acquisition of Edelweiss Gallagher Insurance Brokers Ltd. (EGIBL) from Edelweiss Group, one of India’s leading diversified financial services firms. Gallagher previously held 30% in the...
Jul 1 2021 // Sedgwick, a global provider of claims services, has acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties, particularly yachts and personal...
Jul 1 2021 // Amynta Group has acquired Scion Underwriting Services from Brit.Scion will continue under the leadership of Scott Brock, president of Scion and Michael Hattaway, senior vice president. Terms of the deal were not disclosed....
Jul 1 2021 // These International People Moves detail appointments at four brokers: Marsh, Guy Carpenter, McGill and Partners, and Acrisure.A summary of these new hires follows here. Leading insurance broker and risk adviser Marsh, and...
Jul 1 2021 // DARAG Group, the Malta-based legacy acquisition company, announced the formal completion of the sale of its active Italian insurance business from DARAG Italia S.p.A to Nobis Compagnia di Assicurazioni.Financial details of...
Jun 30 2021 // Arthur J. Gallagher & Co. has acquired Solon, Ohio-based Stellar Benefits Group LLC.Terms of the deal were not disclosed. Ronald Rafal, Alan Greenberg and their associates will continue to operate from their current...
Jun 28 2021 // NN Group NV offered to acquire part of MetLife Inc.’s businesses in Europe, saying the move is in line with its strategy to consolidate leading positions in attractive growth markets.The Dutch insurer said in a...
Jun 24 2021 // A Massachusetts man is suspected of stealing the identities of two people in an attempt to buy an $83,000 car, federal prosecutors said.Brandon Brouillard, 27, of Worcester, was indicted last week on bank fraud and...
Jun 24 2021 // Arch Reinsurance Ltd., a subsidiary of Arch Capital Group Ltd., announced it plans to acquire Somerset Bridge Group Ltd., Southern Rock Holdings Ltd. and Somerset affiliates, subject to regulatory approval.The proposed...
Jun 23 2021 // Swiss Re announced the sell of a 6.6% stake in Phoenix Group Holdings plc for £437 million ($608 million).After the sale, which is expected to close on June 25, Swiss Re will still retain another 6.6% stake in Phoenix,...
Jun 22 2021 // Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to...
Jun 22 2021 // Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA).The kit also has a home...