All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 30 2016 // Minot, N.D., has acquired more than 60 percent of the properties needed for a flood protection project that will begin construction next year.Finance Director Cindy Hemphill tells the Minot Daily News that the city has...
Mar 30 2016 // Tom Capp has joined the senior management team for the online auto and home insurance agency Answer Financial. Capp, as senior vice president of Business Development, will be working to grow the company’s network of...
Mar 30 2016 // Artex Risk Solutions announced it has entered into a definitive agreement to acquire the cores of Guernsey-domiciled Hexagon Insurance PCC Ltd. and its subsidiaries.All regulatory approvals have been received and the deal...
Mar 30 2016 // Atlanta, GA, March 30, 2016 — Blue River Underwriters, a Breckenridge Insurance Group company, has acquired California-based wholesale commercial auto insurance provider Platinum Program Managers and Insurance Services....
Mar 29 2016 // Arthur J. Gallagher Risk Management Services Inc, the retail property/casualty brokerage operation of Arthur J. Gallagher & Co., announced the acquisition of Continuum Solutions Ltd. in New York City. Terms of the...
Mar 28 2016 // Pioneer Bank, based in Troy, New York, announced that it will acquire Anchor Agency Inc., an independent insurance agency in Albany, New York. Terms of the transaction were not disclosed.Established in 1960, Anchor Agency...
Mar 28 2016 // Ironshore International has acquired the Savannah Insurance Agency of Sydney, Australia, effective immediately.The Savannah Agency team of underwriters will join Ironshore Australia offices, broadening its regional...
Mar 28 2016 // Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose.Fairfax will buy 33 percent of Bangalore...
Mar 28 2016 // Woodmere, OH, March 28, 2016 – MarshBerry is excited to once again host the MarshBerry 360 Seminar Series. These educational events provide a comprehensive packet of strategies that help insurance agencies and brokers as...
Mar 24 2016 // R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC in Chicago, announced that it has reached an agreement to acquire substantially all of the assets of Hartan Brokerage, a wholesale insurance...
Mar 24 2016 // EXOR SpA Chief Executive Officer John Elkann was named chairman of PartnerRe, the reinsurer that his investing firm acquired for [$6.9 billion on March 18, 2016 in its largest takeover].PartnerRe President Emmanuel Clarke...
Mar 24 2016 // Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley.The team being transferred is led by...
Mar 23 2016 // Northwest Bank, based in Warren, Pennsylvania, announced that it has signed a definitive agreement, effective April 1, to acquire Best Insurance Agency Inc., an employee benefits and property/casualty insurance agency in...
Mar 23 2016 // Fosun International Ltd., the Chinese conglomerate led by billionaire Chairman Guo Guangchang, is weighing a possible initial public offering for Ironshore Inc., just months after acquiring the insurer.Fosun may also...
Mar 22 2016 // WT Phelan & Co., an independent insurance agency based in Belmont, Massachusetts, announced that it has acquired Martini Insurance Agency in Woburn, Massachusetts. Terms of the transaction were not disclosed. Martini...
Mar 22 2016 // Itasca, Ill.-headquartered Arthur J. Gallagher & Co. announced it has reached an agreement with Kane Group to acquire its insurance management operations (KIM). This acquisition is expected to close on or about March...
Mar 21 2016 // PrtnerRe’s new owner EXOR has closed its $6.9 billion acquisition of the Bermuda-based reinsurer, and Fitch Ratings quickly responded with a ratings downgrade that reflects some pessimism over the transaction and the...
Mar 17 2016 // The Hartford has agreed to purchase Northern Homelands Co., the holding company of excess and surplus lines insurer Maxum Specialty Insurance Group, for $170 million in cash.According to the announcement, Maxum will...
Mar 17 2016 // International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd.Financial considerations of the transaction have not been...
Mar 16 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced Wednesday that it has acquired Raley, Watts & O’Neill (RWO), an independent agency based in the town of California in...