All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 13 2015 // Jardine Lloyd Thompson Group plc announced that Ardian has agreed to buy JLT’s 26.2 percent stake in Milestone, the holding company of Siaci St Honoré, JLT’s French associate. This offer extends to all...
Feb 12 2015 // RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its previously announced acquisition of Platinum Underwriters Holdings, Ltd.The transaction remains subject to...
Feb 12 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, said buying a competitor in the U.S. or Europe could clash with its business model.“One of our strengths is we can...
Feb 11 2015 // Insurance technology firm Majesco said it has completed the acquisition of the insurance business of Agile Technologies, a technology consulting firm with revenues of over $9 million.In December 2014, Majesco announced...
Feb 11 2015 // Stephen Catlin, who is selling his Lloyd’s of London insurer to XL Group plc for $4.2 billion, expects the pace of mergers among smaller insurers to gather pace.“Anyone who has got a market value of less than...
Feb 10 2015 // Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, Calif., announced it has acquired Baja Auto Insurance, which provides auto insurance throughout Texas. Founded in 2006 with one...
Feb 10 2015 // The changing dynamics in the specialist property/casualty sector continue to encourage merger and acquisition activity in the London market. A new briefing from A.M. Best notes that the need for insurers to leverage...
Feb 9 2015 // Brown & Brown Inc. announced that its subsidiary Brown & Brown of Pennsylvania LP has acquired certain assets of Liberty Insurance Brokers Inc. and its related affiliate companies in Philadelphia. Terms of the...
Feb 9 2015 // Smith Brothers Insurance LLC, an independent insurance agency based in Glastonbury, Connecticut, has acquired the assets of the McMahon Company Inc., an independent agency in Rocky Hill, Connecticut. Terms of the...
Feb 9 2015 // J.H. Blades & Co. Inc., an energy-focused managing general agent based in Houston, announced it has purchased wholesale broker Burke-Daniels Co. Inc., which also specializes in the oil and gas energy sector. Terms of...
Feb 9 2015 // Ambridge Partners, a managing general underwriter based in New York City, has formed a new team to focus on underwriting small- to medium-sized transactions. The group will be led by Jack Sinchak, underwriting manager, who...
Feb 9 2015 // PartnerRe Ltd. announced that Greg Haft has been appointed head of catastrophe, subject to Bermuda immigration approval.Based in Bermuda, Haft is responsible for PartnerRe’s worldwide catastrophe reinsurance business...
Feb 6 2015 // The state of Ohio is proposing more fines for distracted driving, with the money going to help subsidize driver’s education courses for those who can’t afford them.The Columbus Dispatch reports that the Drive...
Feb 5 2015 // PartnerRe Ltd. reported net income of $262.7 million, or $5.26 per share for the fourth quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $82.1 million, or $1.64 per share. Net...
Feb 4 2015 // Chicago-based Hub International Limited (Hub), has acquired Alexander Insurance Agency (Alexander), headquartered in San Antonio, Texas. Alexander is an independent brokerage with a focus on commercial lines insurance for...
Feb 4 2015 // United Insurance Holdings Corp., a Florida-based property and casualty insurance holding company, has closed its acquisition of Family Security Holdings LLC (FSH) and its subsidiaries, which have operations in Hawaii and...
Feb 4 2015 // Protector Holdings has acquired Brea, Calif.-based Peartree Insurance Services.Terms of the deal were not disclosed. Peartree specializes in providing insurance services to Hispanic consumers.Protector Holdings in 2013...
Feb 4 2015 // PartnerRe Ltd. jumped in New York trading after “Insurance Insider” reported that the reinsurer, which agreed last month to merge with Axis Capital Holdings Ltd., might draw bids from rivals to break up the...
Feb 3 2015 // Eastern Insurance Group in Natick, Massachusetts, has acquired James J. Sullivan Insurance Agency, an independent insurance agency based in Quincy, Massachusetts. Terms of the transaction were not disclosed. James J....
Feb 3 2015 // Spencer Capital Holdings Ltd., the parent company of reinsurer Spencer Re, has agreed to acquire USA Risk Group, an independent captive insurance manager based in Barre, Vermont. Financial terms of the transaction were not...