All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 21 2023 // Brookfield Underwriting, the specialist Stockholm-based high net worth managing general agent, announced it has been acquired by Säkra, one of Sweden’s largest insurance intermediaries, which itself has just been...
Feb 20 2023 // FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life Bhd., a move that allows it to tap into the Southeast Asian...
Feb 20 2023 // Last year was a tale of two halves for insurance mergers and acquisitions.OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 — down 8% from 2021. A significant rise in interest rates...
Feb 17 2023 // Goose Insurance Services announced that it closed a $4 million Series A funding round led by Axis Insurance Managers, with participation from Impression Ventures, Real Ventures, and Manchester Story.The Vancouver-based...
Feb 16 2023 // Truist today said it has agreed to sell a 20% stake its insurance brokerage business to private equity firm Stone Point Capital for $1.95 billion.Mubadala Investment Company and other co-investors are participating with...
Feb 16 2023 // Krause Brokerage Services, LLC acquired USA-LTC in California.USA-LTC is a brokerage firm that specializes in long-term care insurance, including employer-sponsored worksite LTCI for businesses offering LTCI as a benefit...
Feb 15 2023 // Holman, a global automotive services organization, today announced the acquisition of Plano, Texas-based Park Wood Managers, a leading underwriter and insurance provider for commercial trucking fleets. The addition of Park...
Feb 14 2023 // BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker.The acquisition is...
Feb 13 2023 // National specialty insurance broker Risk Strategies reports it has acquired Bullen Insurance Group, a national specialist focused on high-net-worth families, individuals and their businesses.Bullen operates five offices in...
Feb 13 2023 // Aston Lark, a Howden company, announced it has agreed terms to acquire the independent broker Allegiance Insure Ltd.Financial details of the deal were not disclosed. London-based Allegiance Insure was established by...
Feb 10 2023 // Hilb Group Buys Nowell Agency in MississippiThe Hilb Group has expanded into Mississippi with the acquisition of The Nowell Agency, the property insurance brokerage and benefits firm announced. The Nowell Agency has...
Feb 9 2023 // Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA.Financial...
Feb 9 2023 // Granada Financial Group said it has entered into a definitive agreement to acquire the controlling interest in Topa Insurance Group from long-time owner, Anderson Holdings. The transaction is subject to customary closing...
Feb 8 2023 // Financial services firm Brookfield Reinsurance announced it has entered a definitive agreement to acquire Argo Group International Holdings in an all-cash transaction valued at approximately $1.1 billion.As part of the...
Feb 6 2023 // BATON ROUGE, La. (AP) – A $45 million funding bill to address soaring homeowner insurance rates in hurricane-battered Louisiana was overwhelmingly approved by Louisiana lawmakers Friday and sent to Gov. John Bel Edwards...
Feb 6 2023 // A U.S. jury on Friday found Tesla Inc. CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that he had “funding secured” to take the electric car company...
Feb 3 2023 // Westfield has completed the acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. for about $125 million.The deal was first announced in September 2022. Westfield said this...
Feb 3 2023 // Amwins Global Risks, the London-based international arm of global specialty insurance broker Amwins, announced the acquisition of Roberts Armytage & Partners (RAP), the specialist, energy and marine-focused London...
Feb 2 2023 // PCF Insurance Services (PCF) has acquired Oak Point Risk Advisors, a niche risk management and insurance agency focusing on commercial insurance for the maritime, oil and gas, and construction industries. Ronny Sternfels,...
Feb 2 2023 // New Zealand’s government on Thursday announced NZ$700,000 ($450,000) in additional funding to help rebuild flood-ravaged Auckland and other areas in the upper north island as residents of the country’s...