All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Apr 28 2015 // Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited.In late...
Apr 28 2015 // Bermuda-based PartnerRe Ltd. reported net income of $231.7 million, or $4.76 per share for the first quarter of 2015. The figure includes net after-tax realized and unrealized gains on investments of $100.3 million, or...
Apr 24 2015 // Standard & Poor’s Ratings Services said that its ratings on Willis Group Holdings plc (BBB-/Positive/–) “are not affected by the company’s proposed acquisition of the remaining 70 percent that...
Apr 23 2015 // Reinsurance broker TigerRisk Partners has appointed industry veteran Paul Karon as vice chairman.In his new role, Karon will be a “senior leader, dealmaker, mentor and strategic advisor” to the Tiger leadership...
Apr 23 2015 // Willis Group Holdings plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn’t already own to expand in France, Eastern Europe and the Middle East.Willis will pay 550...
Apr 22 2015 // Arthur J. Gallagher – the international broking division of Arthur J. Gallagher & Co. outside of the United States – announced that it has “deepened its investment in Latin America by purchasing a majority...
Apr 21 2015 // Connecticut Gov. Dannel P. Malloy’s proposal to cut money from a state grant program to community mental health and substance abuse providers is prompting an outcry from advocates and families of Newtown massacre...
Apr 20 2015 // AssuredPartners Inc. announced last week that it has completed the acquisition of Platinum Planning (doing business as Walsh Benefits). Terms of the transaction were not disclosed.Walsh Benefits operates in the New Jersey...
Apr 20 2015 // Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has concluded a partnership deal with Brazilian broker network GC do Brasil...
Apr 20 2015 // Florida-based workers’ compensation outsourcing services firm Patriot National Inc. has acquired Vikaran Solutions, a Chicago-based insurance technology company, and its Pune, India-based software development center,...
Apr 20 2015 // Willis Group Holdings plc’s Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising insurance...
Apr 20 2015 // The Council of Ministers of Finance of Central America, Panama and the Dominican Republic (COSEFIN) and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) have signed a memorandum of understanding that...
Apr 20 2015 // January to March 2015 Announced Date Buyer Seller 01/01/15 AAA Allied Group Inc. Gateway Potter Insurance 01/01/15 Acrisure LLC Arthur Chernick Co. Inc. 01/15/15 Acrisure LLC Sinatro Agency One LLC 02/28/15 Acrisure...
Apr 20 2015 // Acquisition activity for the first quarter of 2015 reached 90 deals, a record for the first three months of the year. We saw the same number of transactions announced during the fourth quarter of 2014, typically the most...
Apr 17 2015 // MTM Insurance Associates, an independent insurance agency based in North Andover, Massachusetts, announced its acquisition of Minichiello Insurance Agency, an independent agency in Bradford, Massachusetts. Terms of the...
Apr 17 2015 // Arthur J. Gallagher & Co. has acquired Madison Risk & Insurance Services in Huntington Beach, Calif.Terms of the deal were not disclosed. Madison is a retail insurance broker providing property/casualty and risk...
Apr 17 2015 // TigerRisk Partners LLC, the reinsurance broking and risk/capital management firm, announced that it has appointed Tony Ursano, a veteran investment banker and reinsurance expert, as its President. He will help “grow...
Apr 17 2015 // The Agnelli family’s EXOR SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover.EXOR is shunning the...
Apr 17 2015 // PartnerRe Ltd.’s second-biggest shareholder, Franklin Mutual Advisers LLC (FMA), said Exor SpA’s offer for the Bermuda-based reinsurer was “much superior” to a deal with Axis Capital Holdings Ltd...
Apr 15 2015 // Ascension Insurance Inc. has acquired Belvedere Pacific Insurance Services in Corte Madera, Calif. Belvedere Pacific is a full-service employee benefits and insurance brokerage. Belvedere Pacific Principal Michael Stallone...