Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Review of Q1 M&A Deal Activity
Jun 6 2016 // Deal count for the first quarter of 2016 was down slightly relative to the record-breaking first quarter of 2015, but was still the second most active first quarter in the past 10 years. There were 109 announced...
NFP Acquires Minnesota’s Benefits Solutions Plus
Jun 3 2016 // Insurance broker and consultant, NFP Corp. announced it has acquired Benefits Solutions Plus Inc. (BSP), based in Anoka, Minn. BSP is a benefits brokerage that specializes in providing group health plans and ancillary...
Church Mutual Completes Acquisition of SBIC, SCS in Pennsylvania
Jun 3 2016 // Church Mutual Insurance Company, a Merrill, Wisconsin-based insurer of religious organizations, announced that it has completed on June 1 its acquisition of School Boards Insurance Company of Pennsylvania Inc. (SBIC) and...
Risk Strategies Acquires OakBridge Advisors in California
Jun 2 2016 // Risk Strategies Co. has acquired employee benefits firm OakBridge Advisors in Newport Beach, Calif. Founders Edward Kirkwood and Lawrence Hartley their staff will continue serving their current client base. They will work...
Amos A. Phelps & Son, J.H. Slattery Announce Merger in Massachusetts
Jun 2 2016 // Two multi-generational independent agencies in Boston suburbs — Amos A. Phelps & Son Insurance in Rockland, Massachusetts, and J.H. Slattery Insurance Agency in Abington, Massachusetts — have announced...
UK Broker Bluefin Extends Loss Recovery Insurance Partnership with Lorega
Jun 2 2016 // Bluefin, the London-based insurance broker, has extended its existing loss recovery insurance services partnership with Lorega Ltd., the UK MGA and assistance specialist, across its middle market commercial business. The...
Disaster Recovery Firm Interstate Restoration Acquires Canada’s FirstOnSite
Jun 2 2016 // Interstate Restoration LLC, the Ft. Worth, Tex.-based disaster recovery company, has completed the acquisition of FirstOnSite Restoration G.P. Inc. in Canada. As Canada’s largest independent disaster restoration...
Midwest Risk Management Groups, Bearence and AERO, Form Partnership
Jun 1 2016 // Bearence Management Group, based in Des Moines, Iowa, and AERO Risk Management, headquartered in Minneapolis, Minn., have formed a strategic partnership to provide clients of both firms with access to expanded risk...
Risk Strategies Establishes Florida Footprint With Acquisition of Atlass Insurance
Jun 1 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired Florida-Based Atlass Insurance Group, significantly adding to the resources of its Private Client...
VALE Acquires Onyx Transportation Services in California
May 31 2016 // VALE Insurance Partners has acquired 100 percent of the assets of San Francisco, Calif.-based Onyx Transportation Services LLC, the program administrator for Onyx Insurance Company Inc., a risk retention group specializing...
AXA Sells SunLife, Names Top Team Including Harlin as CFO, Olivier to Lead P/C
May 27 2016 // AXA SA sold its SunLife unit in the U.K. to Phoenix Group Holdings and announced the top-management team that will work with incoming Chief Executive Officer Thomas Buberl when he takes the helm in September. Gerald Harlin...
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime
May 27 2016 // Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed to offload potential losses on events like rogue trading, with some investors sidestepping the issue because of the incalculable...
Indiana Department of Insurance Approves Anthem’s Cigna Acquisition
May 26 2016 // The health insurer Anthem Inc. announced it has received approval from Indiana Department of Insurance Commissioner Stephen W. Robertson for the acquisition of Cigna HealthCare of Indiana Inc., a subsidiary of Cigna...
Global Risk Partners Completes Acquisition of LONMAR
May 26 2016 // Global Risk Partners Ltd., the insurance broking and managing general agency (MGA) investment vehicle, has completed its backing of the management buyout of LONMAR Global Risks, the London-based specialist Lloyd’s...
Dutch Insurer NN Group Plans to Buy Back Shares Worth $559 Million
May 26 2016 // NN Group NV, the second-biggest Dutch insurer, said it will buy back as much as 500 million euros ($559 million) of shares over the 12 months from June as it returns excess capital to investors. First-quarter operating...
PartnerRe Reshapes $16B Investment Portfolio Under Elkann/EXOR’s Leadership
May 26 2016 // PartnerRe exited junk bonds and shifted funds into property as the reinsurer reshaped a $16 billion investment portfolio after being acquired by John Elkann’s EXOR SpA. EXOR’s approach is to focus on holdings...
Risk Strategies Acquires John Buttine Inc. in New York City
May 24 2016 // Risk Strategies Company announced Tuesday that it has acquired John Buttine Inc., an insurance brokerage in New York City with a specialty focus on media-related businesses and services. Terms of the transaction were not...
CEO’s Departure at Mortgage Insurer Radian May be Rival’s Opportunity to Acquire: Analyst
May 23 2016 // Essent Group Ltd. may have an opportunity to buy Radian Group Inc., the rival mortgage insurer whose chief executive officer is stepping down, an analyst at BTIG LLC said. “Radian has no clear successor,” for...
Aegon, Transamerica Owner, Sells $4.4B UK Annuity Portfolio to Legal & General
May 23 2016 // Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., divested the final 3 billion pounds ($4.4 billion) of annuities from its U.K. portfolio to Legal & General Group Plc. The transaction, which covers 27,000...
Industry Partners with University of Alabama on Tornado Preparedness Guide
May 23 2016 // The Alabama Center for Insurance Information and Research at The University of Alabama Culverhouse College of Commerce has partnered with the Property Casualty Insurers Association of America, the Alabama Department of...
