All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dec 18 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it...
Dec 16 2013 // Insurance Australia Group Ltd. agreed to buy Wesfarmers Ltd.’s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion [US$1.653 billion] to become the largest insurer in...
Dec 16 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, is considering buying the U.K.’s Canopius Group Ltd. as it continues an overseas expansion.The acquisition is...
Dec 11 2013 // Dallas-based GAINSCO Inc. announced that it has expanded its business offerings beyond that of strictly a non-standard personal automobile insurance writer and servicer, and entered the business of owning and operating a...
Dec 10 2013 // USI Insurance Services officially closed its previously announced acquisition of Van Gilder Insurance Corp.Terms of the deal were not disclosed. Van Gilder’s name will be changing to USI Colorado. Commenting on the...
Dec 9 2013 // Equity Risk Partners named four insurance industry executives to its team in California, while also establishing the firm’s physical presence in Southern California.Equity’s new executive hires are Doug...
Dec 4 2013 // Louisiana-based, Imperial Management Corp. (IMC), and Southport Lane LP announced that IMC has obtained all required regulatory approvals and closed its previously announced acquisition of National Automotive Insurance Co....
Dec 3 2013 // JLT Towner Insurance Management (USA), LLC, announced its acquisition of Charter Risk Management Services, LLC, a Connecticut captive management company. Terms of the transaction were not disclosed. Under the transaction,...
Dec 3 2013 // Valhalla, N.Y.-based USI Insurance Services has entered into an agreement to acquire Van Gilder Insurance Corp. in Denver, Colo.This deal is expected to close on Dec. 10. Terms were not disclosed. Van Gilder is a...
Dec 3 2013 // The Woodlands, Texas-based TWFG has acquired Ward Business Insurance, located in the Kingwood/Humble, Texas area.TWFG’s proprietary agency systems will be installed into Ward Business and the company will merge into...
Dec 3 2013 // IBTX Risk Services, Insphere Global Partners and HR Benefits (formerly member companies of Independent Insurance Group), all based in Texas, have agreed to merge.The merger will create a combined organization poised to...
Dec 3 2013 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Cambridge Property & Casualty, based in based in Livonia, Mich., Founded in 1974, Cambridge provides...
Dec 3 2013 // AmWINS Group Inc. has reached a definitive agreement with Fortegra Financial Corp. to acquire Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing general agency in California, and...
Dec 3 2013 // North Carolina-based insurance wholesaler AmWINS Group Inc. has agreed to a deal with Fortegra Financial Corp. to acquire both Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing...
Dec 2 2013 // Chicago-based national wholesale insurance broker R-T Specialty said it has completed its merger with another wholesale broker Westrope, based in Kansas City, Missouri. The deal was first announced Nov. 1. Terms were not...
Dec 2 2013 // The federal government has approved funding to start a $50 million flood-mitigation project along the Queens waterfront to better protect Howard Beach against rising sea levels and storm surges similar to those that caused...
Nov 26 2013 // Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC.The company is being acquired from the global...
Nov 20 2013 // XL Group has partnered with the American Contractor’s Insurance Group (ACIG), construction industry owned insurance organization, to provide data and analytics for construction clients. The goal is to drive...
Nov 19 2013 // Residents of a flood-prone area battered by Superstorm Sandy are getting a financial lifeline, with New York state officials announcing a plan to buy all 129 homes in a New York City neighborhood sandwiched between a tidal...
Nov 18 2013 // Swiss Re Ltd., the world’s second- largest reinsurer, agreed to buy an 11 percent stake in Sul America SA from ING Groep NV to expand in Brazil.The reinsurer will also purchase a 3.8 percent holding in Rio de...