All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 13 2012 // New York, N.Y.-based Confie Seguros, a national provider of personal lines insurance focused on Hispanic consumers, acquired Power Auto Insurance, a privately-owned Cerritos, Calif.-based firm specializing in auto...
Mar 13 2012 // Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company (ADNIC), a prominent insurance company in the UAE, announced today that they are ceasing their Joint...
Mar 12 2012 // Pennsylvania insurance regulators are encouraging homeowners to consider buying flood insurance before the start of spring, citing the higher risk of severe flooding during warmer months.Pennsylvania is one of the most...
Mar 9 2012 // Arthur J. Gallagher & Co. has acquired Wischmeyer Benefit Partners in Dallas, Texas. Terms of the transaction were not disclosed.Founded in 1988, Wischmeyer Benefit Partners (WBP) offers a wide range of employee...
Mar 8 2012 // Global specialty insurer Alleghany Corporation and reinsurer Transatlantic Holdings announced this week the completion of their previously announced merger. With the closing of the transaction, Transatlantic is now an...
Mar 8 2012 // USI Insurance Services (USI), headquartered in Briarcliff Manor, N.Y., has acquired the Euclid Insurance retail property/casualty and employee benefits division (Euclid Retail Business) from Euclid Insurance Services...
Mar 7 2012 // HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest...
Mar 6 2012 // Englewood, Colo.–based risk analysis company IHS Inc. has completed three acquisitions for a total of about $45 million.The buyouts include Displaybank, which provides market research and consulting services for the...
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset.Markel said QU “provides a wide range of...
Mar 5 2012 // The selloff of various parts of Ariel Re continues, as Arch Capital announced that it will acquire Ariel Re’s Credit & Surety reinsurance operations based in Zurich. The news follows an earlier announcement that...
Mar 5 2012 // The insurance industry is likely to see more robust mergers-and-acquisitions activity in 2012, according to a New York investment firm. In 2011, the M&A deal volume started off relatively slowly, followed by a notable...
Mar 4 2012 // Bailed-out insurer American International Group Inc. sold its entire $500 million stake in private equity firm Blackstone Group LP on Friday, according to a source familiar with the situation.AIG, which became majority...
Mar 2 2012 // Goldman Sachs Group said it is acquiring Ariel Reinsurance’s Bermuda-based insurance and reinsurance operations, which it will combine with its existing business underwritten through Lloyd’s Syndicate 1910.The...
Feb 29 2012 // The Federal Reserve Bank of New York on Tuesday sold the remaining portion of mortgage-backed securities acquired in the 2008 rescue of American International Group Inc.The sale to a unit of Credit Suisse Group AG means...
Feb 27 2012 // Willis Europe BV, a subsidiary of global insurance broker, Willis Group Holdings plc, and Peruvian financial services group Credicorp Ltd, announced that, on February 24, 2012, Grupo Credito, a subsidiary of Credicorp,...
Feb 27 2012 // San Diego, Calif.-based O’Riordan and Associates, a strategic financial planning and insurance firm, announced it has merged with Apheta, a financial and insurance planning firm. Michael O’Riordan, founder and...
Feb 23 2012 // A new London-based broker, Q360, has been launched with Tawa providing the capital backing.Q360 Ltd will initially operate within the business sectors of onshore energy, property, binding authorities, professional...
Feb 23 2012 // ING Groep NV is planning to sell its three Asian insurance joint ventures separately from its other Asia assets so that the overall sale is not held up by negotiations with partners, two sources with direct knowledge of...
Feb 22 2012 // USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., acquired most of the assets of The Pinnacle Group. Based in Virginia Beach, Va., Pinnacle is a full-service employee...
Feb 22 2012 // Starr Companies appointed X. Rick Niu as senior managing director of Starr Strategic Partners, a newly formed division dedicated to serving the insurance and investment needs of Asian and other emerging market companies...