All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 5 2018 // Alliant Insurance Services Inc. has acquired Portland, Ore.-based Hecht & Hecht’s property/casualty insurance services.The deal will bring Hecht & Hecth’s P/C insurance services under the Alliant...
Mar 5 2018 // Manchester Underwriting Management Ltd. (MUM) announced it has acquired Pelican Underwriting One Ltd. from third party managing agent Asta Capital Ltd.Pelican Underwriting One trades as Pelican Underwriting and specializes...
Mar 4 2018 // AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters.The French insurer is...
Mar 2 2018 // State Auto Insurance is continuing its exit from the specialty insurance business, selling off more of the business of its excess and surplus lines subsidiary, Rockhill Insurance Group.The buyer this time is specialty...
Mar 2 2018 // Hub International Ltd., a Chicago-based global insurance brokerage, announced that it has acquired the shares of GMS Insurance (SWO) Inc.Terms of the acquisition were not disclosed. Based in Kitchener, Ontario, GMS...
Mar 2 2018 // Nippon Life Insurance Co said on Friday it had agreed to buy an 85 percent stake in the domestic unit of U.S.-based MassMutual Financial Group for about 104.2 billion yen ($980 million) as it aims to boost its...
Mar 2 2018 // Dallas, TX, March 2, 2018—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired L.A. Xcess Insurance Brokers, Inc., a Los Angeles,...
Feb 28 2018 // Global broker Jardine Lloyd Thompson Group (JLT) has acquired International Risk Consultants (IRC), a U.S. broker specializing in specialist trade credit and political risk insurance. Based in Columbus, Ohio, and operating...
Feb 27 2018 // Navion Insurance Associates has acquired the assets of Laguna Hills, Calif.-based James LasCola Insurance Services.Terms of the deal were not disclosed. LasCola’s leadership team will join Navion Insurance...
Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co.With...
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...