Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Willis Acquires Evolution Benefits Consulting in Pennsylvania
Jun 1 2015 // Willis North America, a unit of Willis Group Holdings plc, announced its acquisition of Evolution Benefits Consulting, a Malvern, Pennsylvania-based health and welfare benefit advisory firm. Terms of the transaction were...
China Broker Says Clients Can No Longer Borrow to Buy Ping An Shares
Jun 1 2015 // The brokerage unit of Chinese financial firm Shenwan Hongyuan Group Co Ltd will stop lending money to clients to buy shares in Ping An Insurance Group, the latest move in China’s drive to tighten margin financing...
The Market Cycle and Acquisitions
Jun 1 2015 // Every reader likely already knows interest rates are rock bottom. Some are even nominally negative and the prime rate has not changed in six years. That is a record! Exposure growth overall is normal, neither strong nor...
N.J. Gov. Christie Marks 300th Home Acquired Under Post-Sandy Program
May 29 2015 // New Jersey Gov. Chris Christie said Wednesday more than 300 homes have now been acquired by the state under a post-Superstorm Sandy buyout program, as he blasted other homeowners for refusing to give the state the right to...
Fosun’s Equity Deals to Intensify as It Seeks to Fund Acquisition Ambitions
May 29 2015 // A $1.2 billion share sale by Fosun International Ltd. this month was likely only the start of a love affair with equity deals, bankers say, as the Chinese conglomerate seeks to cut reliance on debt to fund its huge...
Lockton Partners with Cyber Risk Firm on Executive-Level Assessment Service
May 28 2015 // Dynetics, a provider of technology products, and the Washington, D.C. operations of Lockton Companies, have formed an alliance to provide Lockton clients direct access to QuickLook, an executive-level cyber risk assessment...
Marsh Appoints Wood as Southeast Partnership Leader in Atlanta
May 28 2015 // Julie Wood Marsh has appointed Julie Wood as Southeast Partnership leader based in Atlanta. In this role, Wood is responsible for ensuring the delivery of Marsh’s advisory and transactional services to clients...
Google Compare and ITC in Online Partnership That Brings Agents into Mix
May 27 2015 // Google Compare is using a rating system provided by Insurance Technologies Corp., the Carrollton, Texas-based software provider announced Wednesday. In making the announcement ITC’s top executive said it’s a...
Xuber Reinsurance Survey Focuses on Regulation and M&A
May 27 2015 // Many in the reinsurance industry feel the business is becoming over-regulated and London is getting expensive as the center of the industry Xuber, Xchanging’s insurance software business, recently released its second...
Patriot National Acquires Brandywine Insurance Advisors in Pennsylvania
May 26 2015 // Fort Lauderdale, Florida-based Patriot National Inc. announced that it has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the total...
PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR Bid
May 22 2015 // Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with AXIS Capital Holdings Ltd. rather than talks with a hostile...
Keystone Takes on Two New Missouri Partners
May 22 2015 // Keystone Insurers Group welcomed Springfield, Mo.-based agency Barker Phillips Jackson as its second franchise partner in the state and Winter-Dent & Company of Jefferson City as its third. Earlier in the week Keystone...
Arthur J. Gallagher Acquires James R. Weir in Minnesota
May 22 2015 // Arthur J. Gallagher & Co. has acquired James R. Weir Insurance Agency Inc. in Mankato, Minn. Terms of the deal were not disclosed. Jay Weir, Michael Donohoe and their associates will continue to operate from their...
PartnerRe Shareholders to Decide on AXIS Bid; Board Rejects EXOR Offer
May 22 2015 // PartnerRe Ltd. said in a statement on Friday that its suitor EXOR has rejected any negotiations to raise its $6.8 billion hostile offer. As a result, the Bermuda-based PartnerRe said it will ask shareholders to vote on the...
Montpelier Re to Hold Special Shareholders’ Meeting on Endurance Acquisition
May 22 2015 // Bermuda-based Montpelier Re Holdings Ltd announced that it has scheduled a special general meeting of its shareholders to “consider and vote upon a proposal to approve the previously announced Agreement and Plan of...
AXA to Acquire Large Commercial Risks Subsidiary of SulAmérica
May 22 2015 // AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million...
EXOR Refuses to Sweeten $6.8 Billion Offer to Acquire PartnerRe
May 22 2015 // EXOR SpA, the investment vehicle of Italy’s Agnelli family, reiterated that it won’t sweeten a $6.8 billion offer to buy PartnerRe Ltd. as the reinsurer demands a higher price to abandon a merger deal with AXIS...
NFP Acquires Horenberg Insurance Services in Maryland
May 21 2015 // NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced it has acquired Horenberg Insurance Services Inc., an independent agency in...
Brokerslink Signs Partnership Pact with African Insurer Saham Finances
May 21 2015 // Independent broker network Brokerslink has signed a three year strategic partnership agreement with pan-African insurance group, Saham Finances. The bulletin said the agreement one of the biggest pan-African insurance...
AXIS Says Termination Fee Would Soften Blow if PartnerRe Deal Collapses
May 21 2015 // AXIS Capital Holdings Ltd. Chief Executive Officer Albert Benchimol, who’s working to complete a merger with PartnerRe Ltd., said his company can withstand a collapse of the deal and that a termination fee would...
