All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dec 19 2016 // JLT Re said it has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability.StoneHill, which is based in Minneapolis, will form part of JLT Re (North America)....
Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...
Dec 19 2016 // Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest...
Dec 19 2016 // M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from the insurance team at the international law firm Clyde & Co.Andrew Holderness, a partner...
Dec 15 2016 // Origami Risk has acquired Kaysville, Utah-based Claimwire, a provider of automated workers’ compensation forms, compliance resources and regulatory information to the insurance industry.Terms of the deal were not...
Dec 15 2016 // Oklahoma City-based INSURICA and Amarillo, Texas-based DFB Insurance Group have combined to form INSURICA DFB Insurance Services LLC.The new entity will be jointly owned by INSURICA and DFB. The transaction, effective Jan....
Dec 15 2016 // Cross Insurance, a Bangor, Maine, based subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, has further expanded its presence in western Massachusetts, New York and...
Dec 14 2016 // South Africa’s Rand Merchant Investment Holdings ramped up its presence in the British insurance market on Wednesday with the purchase of a 30 percent stake in Hastings, driving the UK firm’s shares to 2-1/2...
Dec 14 2016 // Mountain View, Calif.-based startup Hippo today announced it has closed a $14 million Series A round.The funding was led by Horizons Ventures, which invests in disruptive technology and startups. It was joined by RPM...
Dec 14 2016 // Preparing to capitalize on merger and acquisition (M&A) activity in 2017, XL Catlin continued to build out its global M&A insurance team with the appointments of Joseph W. Laws and Michael J. McGowan as directors...
Dec 14 2016 // The first phase of the U.S. Justice Department’s lawsuit to halt Anthem Inc.’s planned takeover of rival insurer Cigna Corp. is in the hands of a federal judge after the government wrapped up its arguments...
Dec 12 2016 // Aetna Inc.’s chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc, as he sought to convince a federal judge...
Dec 12 2016 // Global claims management firm Crawford & Co. has acquired a majority interest in WeGoLook, an online and mobile inspection firm that calls itself the “Uber of inspections.”Crawford said it agreed to pay...
Dec 12 2016 // Switzerland’s Zurich Insurance Group has agreed to buy Australia’s biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian...
Dec 12 2016 // Hub International Limited, a global insurance brokerage, has acquired the assets of MDW Insurance Group, Inc. and its affiliates Agents Insurance Resources, Inc. and A.I.R. Insurance Marketing, Inc. (MDW). Terms of the...
Dec 9 2016 // Chattanooga, Tenn.-based Reliance Partners, a provider of commercial insurance focused on the transportation and logistics space, has announced the opening of the company’s new Birmingham, Ala., location. Eddie...
Dec 8 2016 // Specialty Program Group, a holding company for specialty insurance brokers and underwriting facilities, has acquired the assets of Global Marine Insurance Agency.Terms of the acquisition were not disclosed. Based in...
Dec 8 2016 // JenCap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program...
Dec 6 2016 // Chicago-based insurance broker Hub International Limited (Hub), has acquired the assets of Medley/Turrentine & Associates LLC, headquartered in Oklahoma City, Okla.Terms of the acquisition were not disclosed....
Dec 6 2016 // International law firm Alston & Bird has hired Adam Kaiser and John Aerni as partners in the firm’s New York office.Both Kaiser and Aerni are senior litigators with more than 50 years of collective experience,...