Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Strong Chubb 2016 Results Reflect Benefits of Merger: Greenberg
Feb 2 2017 // Chubb Limited CEO and Chairman Evan G Greenberg said that the company’s 2016 financial results have reflected the benefits of the nearly $30 billion ACE/Chubb merger that created today’s Chubb about one year...
Swiss Re & SAP Partner to Develop Financial Steering & Reporting Solution
Feb 2 2017 // Swiss Re has formed a strategic partnership with SAP SE, the enterprise application software company, to develop a solution to address the increasingly complex demands of global regulators, in the areas of financial...
Eastern Insurance Group Acquires Chase and Lunt in Massachusetts
Feb 2 2017 // Eastern Insurance Group LLC, a wholly owned, Natick, Mass., headquartered subsidiary of Eastern Bank, has acquired the assets of the Chase and Lunt Insurance Agency LLC, a full-service insurance agency located in...
Arthur J. Gallagher & Co. Acquires Eagle Insurance Agency in New York
Feb 1 2017 // Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Ill., has announced the acquisition of Eagle Insurance Agency LLC (Eagle) in Syracuse, N.Y....
Arthur J. Gallagher Acquires The Presidio Group in Utah
Jan 31 2017 // Arthur J. Gallagher & Co. has acquired The Presidio Group Inc. in Salt Lake City, Utah. Terms of the deal were not disclosed. The Presido management and associates will continue to operate from their current location...
JLT Acquires Majority Stake in Construction Risk Partners
Jan 30 2017 // Jardine Lloyd Thompson Group plc (JLT), a provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has acquired a majority stake in Construction Risk Partners LLC (CRP), a...
RSGUM Acquires Interstate Insurance Management in Pennsylvania
Jan 30 2017 // RSG Underwriting Managers (RSGUM) has agreed to acquire the total assets and operations of Interstate Insurance Management Inc. (Interstate). Interstate was represented in the transaction by Marsh, Berry & Company Inc....
Allianz Weighs Acquisition of Australia’s QBE: Sources
Jan 30 2017 // Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after rising by up to...
Houston Seeks to Expedite Funding for Flood-Control Measures
Jan 26 2017 // Officials intend to introduce an innovative plan to speed up funding for flood-control measures along Houston bayous. The Houston Chronicle reports the city council is considering a payment plan that would have the state...
Insurity Acquires Valen Analytics
Jan 26 2017 // Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers. Neither side disclosed financial terms. Valen is perhaps best...
H.W. Kaufman Acquires Essential Insurance Services in Colorado
Jan 26 2017 // H.W. Kaufman Financial Group has acquired Colorado-based Essential Insurance Services Inc. Terms of the deal were not disclosed. Essential Insurance Services will become part of US-Reports, Kaufman’s national...
Intesa’s Interest in Generali Merger Has ‘No Obvious Logic’: Opinion
Jan 25 2017 // Intesa Sanpaolo SpA’s interest in combining with insurer Assicurazioni Generali SpA has no obvious logic to it. If the lender has a cunning plan to make it work, it needs to reveal it. For now, Intesa says simply...
Intesa Sanpaolo Bank Confirms It Is Eyeing a Merger with Generali
Jan 25 2017 // Intesa Sanpaolo SpA said it’s considering a merger with Assicurazioni Generali SpA, a deal that would reshape Italy’s financial industry by combining its second-biggest bank and largest insurer. “Possible...
H.W. Kaufman Financial Acquires Essential Insurance Services
Jan 25 2017 // Farmington Hills, Mich.-based H.W. Kaufman Financial Group has acquired Essential Insurance Services Inc., a Colorado-based provider of premium audit services, including general liability, worker’s compensation and...
StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed
Jan 24 2017 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners Ltd., a managing general agent in Dubai, subject to regulatory...
Neon’s M&A Consortium Raises Capacity to £75 Million
Jan 24 2017 // Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by...
Kansas City’s Brush Creek Partners Joins TechAssure
Jan 23 2017 // TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, has named Kansas City, Mo.-based Brush Creek Partners as a new member. Brush Creek Partners is an...
Opinion: Does an Allianz-Generali Merger Make Sense? Perhaps Not…
Jan 23 2017 // The last time Italian insurer Assicurazioni Generali SpA was rumoured to be in play, the supposed bidder, France’s AXA SA, said such a costly and complex deal would “make no sense at all.” This time, the...
Verisk Analytics Buys UK-Based Arium, a Liability Risk Modeling Firm
Jan 23 2017 // Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, has acquired Arium, an independent company specializing in liability risk modeling and decision support. London-based Arium will become part of...
Risk Strategies Company Acquires Massachusetts’ University Health Plans
Jan 23 2017 // Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has acquired University Health Plans (UHP), a Quincy, Mass., based brokerage firm specializing in student health insurance...
