All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nov 4 2013 // MMI Holdings Ltd., South Africa’s third-largest insurer, agreed to pay 1.6 billion rand ($157 million) for Alexander Forbes Ltd.’s insurance business.MMI will fund the cash acquisition of Guardrisk from its...
Nov 1 2013 // AssuredPartners Inc., through its subsidiary AssuredPartners of New Jersey, acquired Eastern Insurance Acquisition Agency (D/B/A Eastern Insurance Group) in Pennsylvania.Eastern Insurance Group specializes in commercial...
Nov 1 2013 // Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Missouri.Westrope has a national presence with concentrations in the...
Nov 1 2013 // Frost Insurance announced it has acquired Kolkhorst Insurance Agency, an independent Houston-based insurance agency that offers a full range of property and casualty, personal lines and surety products.The announcement was...
Oct 31 2013 // Keystone Insurers Group has welcomed Springfield-based Nicoud Insurance Services as its first franchise partner in Illinois.The announcement was made jointly by the agency’s owners, Jim Hillestad and Tim Nicoud, and...
Oct 31 2013 // Bolt Solutions Inc., which provides property/casualty insurance online distribution and comparative rating platforms, has acquired Austin, Texas based Superior Access Insurance Services Inc. (SAIS), which it says is the...
Oct 31 2013 // Warren Buffett, who aims to have $20 billion in cash at his Berkshire Hathaway Inc., isn’t investing fast enough to keep money from piling up.Berkshire will post a $4.3 billion third-quarter profit, according to an...
Oct 29 2013 // Bermuda-based PartnerRe Ltd. reported a net income of $333.4 million, or $5.84 per share for the third quarter of 2013, which “includes net after-tax realized and unrealized losses on investments of $1.3 million, or...
Oct 28 2013 // Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending would pick up after a slow...
Oct 28 2013 // The London-based Hyperion Insurance Group, an international insurance intermediary, announced its intention to expand its underwriting agency business in the U.S. through the acquisition, by its subsidiary DUAL, also based...
Oct 28 2013 // FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio.Coverys provides...
Oct 24 2013 // Arthur J. Gallagher & Co. has acquired G. S. Levine Insurance Services Inc. in San Diego, Calif.The terms of the transaction were not disclosed. G. S. Levine is a retail insurance broker providing property/casualty,...
Oct 23 2013 // Dallas-based Republic Group announced that RHP Management LLC will acquire all of the outstanding shares of common stock of Republic subsidiaries Republic Home Protectors Inc. (RHP) and Southern Vanguard Insurance Co....
Oct 23 2013 // North Carolina-based wholesale brokerage AmWINS Group Inc. is seeking a $175 million add-on term loan for an acquisition.The insurance broker owned by private-equity firm New Mountain Capital LLC may pay interest at 3.75...
Oct 22 2013 // International insurance brokerage and risk management firm Integro announced it has acquired Doodson Broking Group, a UK-based entertainment and sports specialist that also provides full service commercial and private...
Oct 18 2013 // Imperial Management Corp. (IMC) announced an agreement to purchase National Automotive Insurance Co. (NAIC) headquartered in Metairie, La.The transaction is pending approval of the Louisiana Department of Insurance and is...
Oct 17 2013 // CapX Partners has launched a new online platform called Energy Conservation and Performance (E-CAP), to help building owners, ESCOs, contractors and engineers secure financing for their energy savings projects.Partnering...
Oct 17 2013 // Allianz SE’s CEO Michael Diekmann said tougher financial regulation will create takeover opportunities for Europe’s biggest insurer.“If Solvency II and Basel III mean more capital, then it’s hard...
Oct 16 2013 // Edgewood Partners Insurance Center LLP is working with Bank of America Corp. to solicit offers, according to the people familiar with the matter, who asked not to be named because the process is private.The San Mateo,...
Oct 16 2013 // Burlington, Vermont’s largest city, has purchased an insurance policy for protection against potential lawsuits in connection with its airport.While exploring the legal possibility of banning F-35 fighter jets from...