All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
May 3 2017 // Canada’s largest property/casualty insurer, Intact Financial Corp., has agreed to acquire U.S. specialty insurer OneBeacon from White Mountains Insurance Group for US$1.7 billion. The merger will create a North...
May 2 2017 // Liberty Mutual Insurance has completed its acquisition of specialty insurer Ironshore Inc., creating a global specialty business with approximately $6.5 billion in net written premium.Liberty Mutual announced last December...
May 2 2017 // Hub International Ltd. has acquired the assets of Buena Park, Calif.-based City Insurance Services its affiliates, Silver City Insurance Services Inc. and MOA Financial Services.Terms of the deal were not disclosed. Brian...
May 2 2017 // Alliant Insurance Services Inc. has acquired Summit Insurance Resource Group in Sandpoint, Idaho.Summit will operate as part of Alliant Americas, which provides the middle market with regionally focused insurance products...
May 2 2017 // NFP Corp. has acquired Reno, Nev.-based Hole-in-One U.S.A. HIO is a provider of hole-in-one coverage for golf events throughout the U.S. David Nelson, principal of the firm, will join NFP as a director and report to Terry...
May 2 2017 // Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the significant investments in 2016 now reaching the product launch phase, according to a report by Willis Towers Watson...
May 2 2017 // Aon announced it has completed the sale of its benefits administration and HR business process outsourcing (BPO) platform to private equity funds affiliated with New York-based Blackstone for a cash consideration of $4.3...
May 2 2017 // A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from...
May 2 2017 // Pennsylvania Insurance Commissioner Teresa Miller recently joined with leaders of the Pennsylvania Library Association and the York County Library System to announce a partnership to provide consumer information on...
May 1 2017 // Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick one more thing to worry about.Didi’s record funding round is said to...
May 1 2017 // AmWINS Group Inc. has acquired Networked Insurance Agents, a California-based insurance aggregator specializing in the standard lines insurance segment. Charlotte, N.C.-based AmWINS Group is an independent wholesale...
May 1 2017 // Deal count for the first quarter of 2017 was down relative to the first quarter of both 2015 and 2016. There were 102 announced transactions in the first quarter of 2017, compared to 124 in the first quarter of 2016 (a...
Apr 30 2017 // A U.S. appeals court on Friday blocked health insurer Anthem Inc’s bid to merge with Cigna, upholding a lower court’s decision that the $54 billion deal should not be allowed because it would lead to higher...
Apr 28 2017 // Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada’s big financial services firms, Chief Executive Officer Guy...
Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...
Apr 26 2017 // Arthur J. Gallagher & Co. has acquired Tulsa, Oklahoma-based Commercial Insurance Brokers LLC. Terms of the transaction were not disclosed.Formed in 2012, Commercial Insurance Brokers is a group of insurance producers...
Apr 25 2017 // Insurance technology firm Vertafore said it has acquired RiskMatch, a Connecticut-based business intelligence and analytics company that provides portfolio management and placement services to insurance brokers and...
Apr 24 2017 // Ohio-based property/casualty insurer Motorists Mutual Insurance Co. and West Virginia-based workers’ compensation insurer BrickStreet Mutual Insurance Co. Inc., have been granted regulatory approvals to affiliate...
Apr 24 2017 // Aviva plc has acquired VietinBank’s entire 50 percent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Ltd.Aviva also has signed a new distribution agreement with VietinBank to sell...
Apr 24 2017 // Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of business.The...