All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 26 2018 // Zurich Insurance Group has entered into an agreement to acquire the Latin American operations of Australian insurer QBE Insurance Group Ltd. for a total aggregate price of US$409 million, subject to closing adjustments.The...
Feb 26 2018 // Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make “one or more huge acquisitions” of non-insurance businesses to bolster results at his conglomerate...
Feb 22 2018 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J.New Day will...
Feb 22 2018 // Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired New York City-based Prosurance Redeker Group LTD., a specialty brokerage serving architects...
Feb 21 2018 // V3 Insurance Partners LLC, a Newtown, Penn.-based specialty insurance program administrator, has named Brian Janitschke chief operating officer.In this role, he will be based in V3’s Newtown offices and will focus on...
Feb 20 2018 // Minot residents whose homes were damaged by the 2011 Souris River flooding or are being bought out for flood protection might be eligible to up to $60,000 for help purchasing another home.The flood damaged or destroyed...
Feb 20 2018 // Brown & Brown of New York Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Purchase, N.Y.-based yourPFO Consulting LLC (yourPFO).yourPFO represents many large company...
Feb 20 2018 // Birmingham, Ala.-based Infinity Property and Casualty were bought for $1.4 billion.Kemper Corp. acquired the auto insurance provider in a cash and stock transaction, making it one of the largest nonstandard auto insurers...
Feb 19 2018 // The Hartford has agreed to acquire Foremost Insurance branded small commercial lines business from Farmers.The Hartford is acquiring the renewal rights on $200 million in small commercial lines premium sold through about...
Feb 16 2018 // Associated Benefits and Risk Consulting (ABRC) announced it will acquire Diversified Insurance Solutions (Diversified), based in Milwaukee, Wisconsin.The transaction is expected to close next month. Terms of the...
Feb 16 2018 // Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.The group signed a charter Friday at a...
Feb 15 2018 // A wholly owned subsidiary of Prudential Financial Inc. (PFI) has signed definitive agreements to purchase a 13.1 percent stake in Peak Reinsurance Holdings Ltd., the sole shareholder of Hong Kong-based Peak Reinsurance Co....
Feb 13 2018 // Chicago-based insurer Kemper Corp. has agreed to acquire Birmingham-based Infinity Property and Casualty Corp. in a cash and stock transaction valued at approximately $1.4 billion, or $129.00 per share, creating an insurer...
Feb 13 2018 // Alera Group has acquired Wilson Albers & Company LLC located in Anchorage, Alaska.Terms of the deal were not disclosed. Wilson Albers & Company, LLC, parent company of The Wilson Agency, LLC, Albers & Company...
Feb 13 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s coverholder.Financial details of the transaction were not disclosed....
Feb 13 2018 // Ryan Specialty Group LLC (RSG) announced it has reached a definitive agreement to acquire London-based Lodestar Marine Ltd., an MGA in the protection & indemnity (P&I) fixed premium marine market, from Tawa...
Feb 13 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with Erie Insurance to test customer engagement with its Roost Smart Water Leak and Freeze Detector device in order to prevent water...
Feb 12 2018 // Vital Insurance Partners, an insurance consultant and program intermediary, has named Meg Matlach vice president of Product Development. Based in Phoenix, Arizona, she is responsible for product development and program...
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd.Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Feb 9 2018 // Sompo International said it has agreed to buy an Italian agriculture insurer in a bid to broaden the reach of a new, recently launched global technology platform focused on the sector.The Bermuda-based specialty...