Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
PartnerRe Estimates China’s Tianjin Explosions to Cost Between $50m and $70M
Oct 14 2015 // PartnerRe Ltd. estimates that losses from the August explosion in China’s Port of Tianjin will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums. These losses will be...
PARSONS Insurance Services Acquires Dallas-Based Alpha Insurance
Oct 13 2015 // PARSONS Insurance Services, a veteran owned national insurance MGA, has acquired the operations of Alpha Insurance Agency (AIA) in Dallas, Texas. Terms of the acquisition were not disclosed. Alpha Insurance Agency is a...
Capacity Group Buys Stake in Shriver Insurance Agency
Oct 13 2015 // The Capacity Group of Companies (Capacity) has acquired an ownership stake in Shriver Insurance Agency, headquartered in Elmhurst, Ill. As a result, Shriver has been renamed Shriver-Capacity Insurance Agency LLC...
Chinese Insurers Seek Strategic Tie-Ups, M&As to Tap Western Expertise
Oct 13 2015 // Chinese insurers are pursuing strategic tie-ups and outright mergers and acquisitions to tap Western expertise. They are keen for knowledge on products, pricing and technology as a nascent Chinese market for health and...
Hub International Acquires Oxford Coverage in New York
Oct 12 2015 // Hub International Limited, a global insurance brokerage, announced that it has acquired the operations of Oxford Coverage in Brooklyn, New York. Terms of the acquisition were not disclosed. Oxford Coverage is a brokerage...
AssuredPartners Acquires Wilson H. Flock Insurance in Pennsylvania
Oct 12 2015 // AssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, has acquired Wilson H. Flock Insurance Inc., an independent agency based in Wyoming, Pennsylvania. Terms of the transaction were not...
Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting
Oct 12 2015 // Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been...
Take Command Health, Zane Benefits Partner to Serve Small Businesses in Texas
Oct 9 2015 // Take Command Health, a Texas-based startup dedicated to helping individuals choose and save on their health insurance, is partnering with Zane Benefits to provide Texas businesses with fewer than 50 employees with health...
Bailey Place Insurance to Acquire Cotterill Agency in New York
Oct 9 2015 // Bailey Place Insurance, an independent agency with offices in Cortland, Dryden and Ithaca, New York, announced that it will acquire the Cotterill Agency Inc., an independent agency based in Dryden, New York, effective Dec....
JLT Acquires South Africa’s Eikos Risk Applications
Oct 9 2015 // Jardine Lloyd Thompson has agreed to acquire 100 percent of the shares of South Africa-based Eikos Risk Applications (ERA) from Eikos Holdings (Pty) Ltd., part of the Eikos Group. ERA provides specialist marine,...
Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit
Oct 9 2015 // Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business. Thornton was previously head of the Commercial Division of Bluefin...
Towers Watson Shareholders Plan to Vote Against Merger with Willis: Sources
Oct 9 2015 // Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm’s $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not improved, people...
Willis Aims to ‘Shake Up’ UK Employee Benefits Market with PMI Health Acquisition
Oct 8 2015 // Willis Group Holdings plc announced the completion of its acquisition of PMI Health Group (PMIHG), a leading independent healthcare adviser and broker in the UK. PMIHG will operate as Willis PMI Group while the business...
Tischer Joins ANV Underwriters’ M&A Insurance Team
Oct 8 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance...
Run-Off Specialty Firm Catalina Agrees to Buy Allianz Suisse Re from Allianz SE
Oct 8 2015 // Catalina Holdings (Bermuda) Ltd. announced its wholly owned Swiss subsidiary, Glacier Reinsurance AG, has signed a definitive agreement to acquire Allianz Suisse Ruckversicherungs-Gesellschaft AG from Allianz SE. Allianz...
AssuredPartners Acquires Moscker Insurance Agency in Maryland
Oct 6 2015 // AssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, has acquired Moscker Insurance Agency Inc. in Severna Park, Maryland. Terms of the transaction were not disclosed. Moscker Insurance Agency...
CRC Insurance Services to Acquire Connecticut Underwriters
Oct 6 2015 // CRC Insurance Services Inc., a wholesale insurance unit of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire Connecticut Underwriters Inc. in Middletown,...
Arthur J. Gallagher Acquires Wisconsin’s Burkwald & Assoc.
Oct 6 2015 // Itasca, Ill.-based insurance broker and risk management services provider, Arthur J. Gallagher & Co., has acquired Burkwald & Associates Inc. of Pewaukee, Wis. Terms of the transaction were not disclosed. Founded...
European Property Underwriting Forms Capacity Agreement with 3 Risk Partners
Oct 6 2015 // European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance...
Hub International Acquires North-Carolina Based IAS Associates
Oct 6 2015 // Hub International Limited, a global insurance brokerage, has acquired the assets of IAS Associates, LLC. Terms of the acquisition were not disclosed. Based in Cary, North Carolina, IAS specializes in providing property and...
