All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Oct 27 2015 // As EXOR’s acquisition of Bermuda-based PartnerRe proceeds, it will be taking over a somewhat diminished company, as PartnerRe reported a net loss of $243.3 million, or $5.08 per share for the third quarter of 2015....
Oct 26 2015 // For all the black robes and ceremony, the American legal system often operates more like a factory assembly line than a citadel of individualized justice. Ninety- five percent of criminal prosecutions end in plea deals....
Oct 26 2015 // Federal emergency officials are urging Californians to buy flood insurance – even those who don’t live near creeks or rivers – as El Nin᷈o conditions get underway in the Pacific Ocean, increasing chances for...
Oct 26 2015 // Bermuda-based Ironshore International announced the acquisition of the reinsurance renewal rights to Novae Group’s global agriculture reinsurance portfolio.The transfer is conditional on Lloyd’s approval and is...
Oct 26 2015 // Arthur J. Gallagher & Co. has acquired Sigma II Insurance Agency in Independence, Ohio. Terms of the transaction were not disclosed.Founded in 1988, Sigma II Insurance Agency (Sigma II) is an employee benefits...
Oct 23 2015 // Specialist Lloyd’s underwriter Marketform has announced the appointment of four more mergers and acquisitions (M&A) insurance specialists who will be based in their London office. The new underwriters –...
Oct 23 2015 // The Hilb Group, LLC (THG) has acquired Gentry Insurance Agency (GIA) Inc. GIA is an independent insurance agency located in Apopka, Fla. The transaction became effective October 1, 2015.As an independent agency, GIA...
Oct 22 2015 // The Chubb Corp. said its shareholders approved the previously announced $28.3 billion merger agreement with Ace Limited today.The proposal to approve the merger agreement received support from approximately 98 percent of...
Oct 21 2015 // K&K Insurance Group, Inc., a subsidiary of Aon plc, is now accepting property and casualty program business from producers.K&K has provided property and casualty program options for more than 60 years,...
Oct 21 2015 // South Africa’s biggest insurers are considering technology and telecommunications partnerships as they seek ways to improve earnings to counter increased competition and a slowing economy, according to...
Oct 20 2015 // Risk Strategies Company, a Boston-Based insurance and benefits brokerage, and Kelso & Company, a New York City-based private equity firm, announced today that they have signed a definitive agreement whereby Kelso will...
Oct 19 2015 // The world’s largest reinsurers are anticipating even bigger price declines when policies are renewed in 2016 than envisaged a month ago as a flurry of takeovers in the industry fails to absorb some of the excess...
Oct 19 2015 // The Travis County, Texas District Attorney’s office said it is suspending an agreement with Texas Mutual Insurance Co. under which the company provides funds for prosecutors to pursue the workers’ compensation...
Oct 16 2015 // People’s United Bank N.A., a Bridgeport, Connecticut-based regional bank with nearly 400 retail locations in six states, announced that its subsidiary, People’s United Insurance Agency, has acquired...
Oct 16 2015 // Brokerslink, a global independent brokering company, has signed 10 new members and launched a customized products strategy at its 2015 global conference in New York.These new brokers and specialist resources members bring...
Oct 15 2015 // Church Mutual Insurance Company, a Merrill, Wisconsin-based insurer of religious organizations, announced that it has agreed to acquire the insurance operations of the Pennsylvania School Boards Association. Terms of the...
Oct 15 2015 // Aviva Plc’s Chief Executive Officer Mark Wilson said the British insurer is looking for smaller acquisitions outside its home market as it continues to integrate Friend’s Life Group Ltd., the country’s...
Oct 14 2015 // TowneBank, a Portsmouth, Virginia-based community banking and financial services company, announced that it has acquired three insurance agencies in Virginia: Invincia Insurance Solutions in Chesterfield; Total Insurance...
Oct 14 2015 // PartnerRe Ltd. estimates that losses from the August explosion in China’s Port of Tianjin will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums.These losses will be...
Oct 13 2015 // PARSONS Insurance Services, a veteran owned national insurance MGA, has acquired the operations of Alpha Insurance Agency (AIA) in Dallas, Texas. Terms of the acquisition were not disclosed.Alpha Insurance Agency is a...