Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
New Jersey’s World Insurance Associates Acquires Bruen Deldin DiDio Associates
Sep 6 2017 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has acquired Bruen Deldin DiDio Associates Inc. (BDD) of New York, Connecticut and Rhode Island. Following the...
Arthur J. Gallagher Subsidiary Acquires National Transportation Adjusters in Arizona
Sep 5 2017 // Arthur J. Gallagher & Co. subsidiary, Gallagher Bassett Services Inc., has acquired National Transportation Adjusters Inc. in Scottsdale, Ariz. Terms of the deal were not disclosed. Keith Dunlap and his associates at...
Hylant Partners with Ohio and Michigan-Based Insurance Agencies
Sep 5 2017 // Hylant, based in Toledo, Ohio, has entered into a strategic partnership with Pinkney-Perry Insurance Agency Inc., one of the oldest and largest minority-owned insurance agencies in Ohio, and Camryn Insurance Service LLC, a...
Fosun’s Plans for Overseas Growth ‘Don’t Clash’ with China’s M&A Crackdown
Sep 5 2017 // Fosun International Ltd., one of the companies in the cross hairs of a Chinese government crackdown on offshore acquisitions, says its plans for growth don’t clash with the authorities’ agenda. The acquisitive...
Aon to Buy Real Estate Investment Mgmt. Firm, Townsend Group, for $475M
Sep 5 2017 // Insurance broker Aon Plc said on Friday [Sept. 1] it would buy real estate investment management firm The Townsend Group from Colony NorthStar Inc for $475 million, helping expand its property investment management...
China’s Fosun to Continue ‘Genuine’ Overseas M&A
Aug 31 2017 // Fosun International, one of China’s most acquisitive conglomerates, brushed off the impact of a crackdown on overseas dealmaking and said it welcomed Beijing’s guidelines on offshore investment, as it posted a...
Allianz Acquires Nigeria’s Ensure Insurance to Expand in Key African Market
Aug 30 2017 // Allianz Group announced a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. Financial details of the transaction were not...
Element Risk Finalizes Acquisition of Virginia’s Russell Insurance Agency
Aug 30 2017 // Element Risk Management, a West Chester, Penn.-headquartered, privately held insurance firm, has finalized the acquisition of Russell Insurance Agency Inc., based in Front Royal, Va. The acquisition will be Element...
AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote
Aug 29 2017 // AXIS Capital Holdings Ltd. announced that shareholders of Novae Group have approved the company’s acquisition by AXIS. Approximately 99.97 percent of shareholder votes were cast in favor of the deal. AXIS announced...
Compre Acquires Legacy Portfolio from Noway’s Gjensidige Forsikring
Aug 28 2017 // Compre, the London-based insurance and reinsurance legacy specialist, announced it has acquired a further legacy portfolio from Norwegian insurer Gjensidige Forsikring ASA for an undisclosed sum. The portfolio comprises...
Data Firm TransUnion Buys Driving Records Provider Datalink
Aug 28 2017 // Data provider TransUnion sad it has completed the acquisition of Datalink Services Inc., also known as Compass Driving Records, a nationwide provider of vehicle and driving records and driver pre-screening services. Chris...
Verisk to Acquire Bankruptcy Data and Risk Management Firm LCI
Aug 24 2017 // Verisk Analytics Inc. has agreed to acquire LCI, a provider of bankruptcy risk prediction and management tools for banks and creditors. When the transaction is complete, LCI, based in Burlingame, California, will become...
Mitsui Sumitomo Buys Singapore’s First Capital Insurance from Fairfax for $1.6B
Aug 24 2017 // Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous...
Federal Funding Available to West Virginia Flood Victims
Aug 22 2017 // President Donald Trump has made federal funding available residents in four West Virginia counties dealing with severe flooding, landslides and mudslides. The Federal Emergency Management Agency announced the money is...
Seeman Holtz Acquires Agency Acquisitions LLC in Texas
Aug 21 2017 // Seeman Holtz Property & Casualty Inc. has acquired Agency Acquisitions LLC, headquartered in Arlington, Texas. Agency Acquisitions specializes in trucking insurance. Seeman Holtz said the acquisition will add a niche...
Verisk to Acquire London-Based Complex Data Software Firm Sequel
Aug 21 2017 // U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity firm HgCapital and other Sequel shareholders. Sequel specializes in...
JLT Re Taps Bardon as Bermuda Partner, Working with Industry Loss Warranty Team
Aug 21 2017 // JLT Re, the London-based reinsurance broker and consultancy, has appointed Nicolas Bardon as a partner in JLT Re’s Bermuda operation reporting to Guy Hengesbaugh. Bardon will work closely with Gary Reynolds and...
U.S. Risk Announces Acquisition of B&H Risk Services, Inc.
Aug 21 2017 // Dallas, TX, August 21, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired B&H Risk Services, Inc., a Dallas, Texas based...
M&A Activity Outpacing Prior Years: MarshBerry
Aug 21 2017 // Merger and acquisition (M&A) activity continued strong through the second quarter of 2017. The year to date announced deal count is 239 through June 30 (compaared to 222 for the same period last year). The number of...
Group Led by Yunfeng Financial to Buy MassMutual’s Asia Unit for $1.7B
Aug 18 2017 // A group led by Yunfeng Financial Group Ltd., the company backed by billionaire Jack Ma, agreed to buy an Asian unit from Massachusetts Mutual Life Insurance Co. to add insurance products to the array of financial services...
