All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nov 2 2015 // New York private equity firm Odyssey Investment Partners has completed its acquisition of specialty insurance brokerage Integro Ltd.Financial details of the investment were not disclosed. Integro said its management team...
Oct 30 2015 // Bernard J. McDonald V Partners Insurance Group LLC has hired Bernard J. McDonald V as a licensed broker and producer. McDonald is responsible for developing new business and creating customer relationships. He provides and...
Oct 30 2015 // Aviva Plc Chief Executive Officer Mark Wilson said a 25 percent jump in new business in the first nine months of the year should allay concerns that his 5.6 billion- pound ($8.6 billion) acquisition of Friends Life Group...
Oct 29 2015 // Smith Brothers Insurance, an independent agency based in Glastonbury, Connecticut, announced that it has acquired the assets of Bayberry Insurance in Groton, Connecticut. Terms of the transaction were not...
Oct 28 2015 // IBM said today it has agreed to acquire The Weather Co.’s business-to-business mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Co. brand.IBM will not acquire the...
Oct 28 2015 // The U.S. House of Representatives on Tuesday approved a bill to keep federal funds flowing to road and bridge construction projects into late November, while also extending a key rail safety deadline to the end of 2018.In...
Oct 28 2015 // Ace Ltd. yesterday sold $5.3 billion of bonds to finance its acquisition of Chubb Corp.The debt sale, which will help close a deal valued at about $30 billion, was issued in four parts, with the longest portion, a 30-year...
Oct 27 2015 // Distinguished LLC finalized its acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs.Terms of the deal were not disclosed. Fulcrum will combine with Distinguished’s own real-estate and hospitality program...
Oct 27 2015 // McKinney, Texas-based GDP Advisors has acquired The Insurance Connection of Texas (ICT).Located in Frisco, Texas, ICT has been owned and operated by Lori and Chris Gardner and specializes in general/commercial liability,...
Oct 27 2015 // Ace Group on Tuesday announced a $5.3 billion four-part bond to help finance its acquisition of Chubb, Reuters reported this morning.The Chubb deal is expected to be priced later today. Ace filed its preliminary prospectus...
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...