All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 24 2014 // Compared to some previous years, there were not a lot of mergers in the property/casualty carrier space in 2013 but there were some interesting ones.Major carrier transactions included specialty insurer Markel’s...
Mar 21 2014 // The Canada Pension Plan Investment Board (CPPIB) announced that it has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first...
Mar 20 2014 // Atlanta-based independent claims adjusting firm Engle Martin & Associates Inc. has acquired Totura & Co., a regional claims adjusting firm based in Fort Lauderdale, Florida. Terms were not disclosed. John Quinn,...
Mar 19 2014 // Arthur J. Gallagher & Co. announced its acquisition of L&R Benefits, LLC of Windsor, Connecticut. Terms of the transaction were not disclosed.L&R Benefits provides employee benefit consultation, management...
Mar 19 2014 // ING Groep NV, the biggest Dutch financial-services company, will end its majority stake in its U.S. insurance unit with another share sale as it winds down ownership of the business.The parent plans to sell 26.5 million...
Mar 18 2014 // Shareholders challenged more than 94 percent of U.S. merger and acquisition (M&A) deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research.Deals worth $100 million or more...
Mar 18 2014 // Allianz announced that it has agreed to acquire a part of the Property and Casualty insurance business of the Italian insurer UnipolSai with premiums of €1.1 billion [$1.53 billion] (2013).“The business includes...
Mar 17 2014 // An unnamed Silicon Valley billionaire has purchased the world’s most valuable life insurance policy, worth $201 million.The man who cobbled the deal together said that it took seven months and 19 insurance companies...
Mar 17 2014 // Aon announced that it has agreed to acquire, subject to regulatory confirmation, Lorica Employee Benefits, one of the UK’s most experienced and well-respected consultancy groups. Lorica Employee Benefits is a...
Mar 14 2014 // Ohio State University has announced a 10-year, $17.1 million sponsorship agreement with Nationwide Insurance.The university says the expanded partnership will provide discounts for faculty, staff, students and alumni....
Mar 13 2014 // Houston, Texas-based independent Insurance agency, Brady, Chapman, Holland & Associates Inc., announced the election of Timothy J. Brady to senior vice president and equity partner. Prior to joining BCH, Brady gained...
Mar 13 2014 // Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according to a new semi-annual survey by OPTIS Partners, an investment banking and financial...
Mar 12 2014 // XL Group’s North America Programs business and American Specialty Insurance & Risk Services, Inc., have formed a joint underwriting agreement to offer insurance programs for sports and entertainment...
Mar 7 2014 // The ACE Group has expanded its Mergers and Acquisitions (M&A) Practice into a Private Equity Practice concentrating on insurance options for private equity firms, their portfolio companies as well as their M&A...
Mar 7 2014 // Defendants who can be named in lawsuits against nursing homes in Florida would be limited under a bill that moved this week through the House Civil Justice Committee.Developers, silent partners and other parties that could...
Mar 6 2014 // Global insurance brokerage, Hub International Limited (Hub), announced that its subsidiary Hub International Midwest (Hub Midwest) has acquired Corporate Benefit Consultants Inc. (CBC), a Des Plaines, Ill.-based employee...
Mar 6 2014 // Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind.Founded in August of 2005 and originally owned by John Carroll,...
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
Mar 5 2014 // Arthur J. Gallagher & Co. announced the acquisition of Tudor Risk Services, LLC located in Woburn, Mass. Terms of the transaction were not disclosed.Founded in 2009, Tudor Risk Services is a retail insurance broker...
Mar 4 2014 // The Bermuda-based Argo Group International Holdings announced that its Bermuda-based reinsurance company, Argo Re, Ltd., has entered into an agreement with Horseshoe Re Limited that will expand its reinsurance product...