All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 15 2017 // Anthem Inc. on Wednesday won a temporary restraining order that blocks smaller rival Cigna Corp. from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. antitrust...
Feb 15 2017 // Israel-based insurance software firm Sapiens International Corp. has agreed to acquire privately-held insurance technology firm StoneRiver Inc. for approximately $102 million in cash.Headquartered in Denver,...
Feb 14 2017 // Health insurers Aetna Inc. and Humana Inc. walked away from their $34 billion merger deal on Tuesday, after a U.S. judge ruled in January the combination would stifle competition in the private Medicare Advantage program...
Feb 10 2017 // After 18 months of courtship and court cases, two massive deals that would have reshaped the U.S. health insurance industry have both been declared dead, blocked by judges who said they’d do unacceptable harm to...
Feb 9 2017 // Insurance broker Aon Plc said on Friday it agreed to sell its employee benefits outsourcing business to private equity firm Blackstone Group LP for up to $4.8 billion.Blackstone will pay $4.3 billion upfront and up to an...
Feb 8 2017 // A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health...
Feb 8 2017 // Arthur J. Gallagher & Co. has acquired Lewis & Associates Insurance Brokers Inc. in Visalia, Calif.Terms of the deal were not disclosed. James Smallwood, Kevin Veitia and their associates will continue to operate...
Feb 7 2017 // Marsh & McLennan Agency LLC (MMA) has acquired iaCONSULTING, a Lubbock, Texas-based employee benefits consulting firm. Terms of the transaction were not disclosed. Founded in 1994, iaCONSULTING offers a wide range of...
Feb 7 2017 // NFP Corp. has acquired Portland, Ore.-based Mattecheck & Associates Inc.Terms of the deal were not disclosed. Bill Mattecheck, principal of the firm, will become a senior director of NFP and report to John Hohman,...
Feb 6 2017 // Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters. The financial terms of the transaction were not disclosed.Since its founding in 1996,...
Feb 6 2017 // Mergers and acquisitions of insurance agencies last year were the second-highest ever, according to OPTIS Partners’ annual report. The OPTIS database recorded 449 deals in the U.S. and Canada in 2016, a slight dip...
Feb 6 2017 // Almost three-quarters of global insurers believe their sector has failed to show leadership in digital innovation and an increasing number now regard investment and acquisitions in digitalization a priority to improve...
Feb 6 2017 // The following information from InsuranceJournal.com and other sources reflects only transactions reported publicly.One of the most active recent acquirers of agencies and brokerages is Michigan-based Acrisure. The firm,...
Feb 6 2017 // Merger & acquisition activity in the insurance distribution space continued at an industrious pace throughout 2016, with 443 closed transactions. This was down from 456 in 2015, but still higher than previous years on...
Feb 3 2017 // Wholesale insurance broker Gemini Risk Partners, based in Chicago, has appointed Yosha DeLong as managing director.Prior to joining Gemini Risk Partners, DeLong was most recently the London regional executive for Ironshore...
Feb 3 2017 // EPIC Insurance Brokers and Consultants has acquired Benefit Compass Insurance Services LLC, a specialist in employee benefits brokerage and consulting services in Irvine, Calif. Benefit Compass provides employee benefit...
Feb 3 2017 // Allianz has agreed to acquire the remaining 33.5 percent stake in Allianz Irish Life Holdings plc (AILH) not already owned by Allianz Group. Allianz aims to increase its stake in AILH from 66.5 percent currently to 100...
Feb 3 2017 // Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a mistake, according to some...
Feb 2 2017 // Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out.SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest...
Feb 2 2017 // Chubb Limited CEO and Chairman Evan G Greenberg said that the company’s 2016 financial results have reflected the benefits of the nearly $30 billion ACE/Chubb merger that created today’s Chubb about one year...