Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hiscox/Employers Partner to Provide Workers’ Comp to Small Businesses
Nov 18 2010 // Hiscox USA and Reno, Nev.-based Employers have joined forces to provide small businesses workers’ compensation insurance through Hiscox Small Business Insurance. The offering is direct-to-small business, online...
Zurich Sells Stakes in Spanish Life and P/C to Unnim
Nov 17 2010 // Zurich Financial Services Group announced that it has entered into a definitive agreement to sell back to Spanish insurer Unnim its 50 percent stakes in the life and general insurance bancassurance companies jointly owned...
Amerisafe to Acquire Book of Business from Cooperative Mutual
Nov 17 2010 // DeRidder, La.-based Amerisafe Inc., a specialty writer of hazardous workers’ compensation insurance, announced it plans to acquire the workers’ compensation business of Cooperative Mutual Insurance...
Insurance Mergers Complicated by Economy, Low Valuations, Hidden Risks
Nov 15 2010 // With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions...
M&A Activity Heats Up
Nov 14 2010 // The Race to the Finish Line Merger and acquisition (M&A) activity between July and September was robust making the third quarter the most active with 61 deals versus 36 last year. Deal volume for the first nine months...
Crawford Italy in Potential Acquisition Discussions with Studio Bolton
Nov 12 2010 // Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford & Company Italia, together with William Bolton, Chairman of Studio Bolton &...
Business Risk Partners Offers Distressed Banks Coverage
Nov 11 2010 // For banks under regulatory oversight, Business Risk Partners (BRP) is now offering professional and management liability protections for distressed community banks, including hard-to-find Regulatory Defense Cover for...
Towers Watson to Buy Insurance Consultant, Software Firm EMB
Nov 10 2010 // Professional services company Towers Watson will buy insurance consulting and software company EMB to expand its offerings to property and casualty insurance clients, the companies said Wednesday. Terms were not...
Mina Named Managing Partner for Willis of Maryland
Nov 10 2010 // John Mina has been appointed managing partner at Willis of Maryland, Inc. Mina will be responsible for business development for Willis’ Washington, D.C.-based insurance brokerage operations. He will be based in...
Zurich Partners with AmWins to Expand Accident, Health Products
Nov 9 2010 // Zurich in North America has formed a new relationship with wholesale broker AmWINS Group Benefits (AmWINS). This is the second relationship Zurich has formalized to further its growth plan in the program accident and...
Equity Risk Partners, Lipscomb & Cathey Form Dallas Partnership
Nov 8 2010 // Insurance brokers Equity Risk Partners (ERP) and Lipscomb & Cathey have formed a joint venture to cater to the needs of the private equity space in Texas. The new partnership, called ERP-Texas, will combine the niche...
Bradway Joins Business Risk Partners
Nov 4 2010 // Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale insurance...
PartnerRe Reports $525 Million Q3 Net Income; $282 Million Operating
Nov 4 2010 // Bermuda-based PartnerRe Ltd. reported net income of $524.9 million, or $6.76 per share on a fully diluted basis for the third quarter of 2010. The bulletin said the figure “includes net after-tax realized and...
Arrowhead Announces Acquisition of Alexander Anthony Insurance, LLC
Nov 3 2010 // San Diego, CA, 11/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of property and casualty insurance programs and one of the nations largest program managers, is pleased to announce the...
Brown & Brown Announces Asset Acquisition of Rogers & Norman
Nov 3 2010 // Brown & Brown Inc. has announced the asset acquisition of Seattle-based Rogers & Norman Inc. Established in 1956, and with annual revenues of approximately $3.2 million, Rogers & Norman offers insurance...
Westrope Acquires Midwestern General Agency
Nov 2 2010 // Wholesale insurance broker Westrope has acquired the assets of Midwestern General Agency, a binding authority and small brokerage operation, based in Kansas City, Mo. Midwestern General has been in business since 1959 and...
Ohio Mutual Insurance to Acquire New England’s Casco Indemnity
Nov 2 2010 // Ohio Mutual Insurance Group (OMIG) has reached an agreement to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to...
Sources Say Allianz and Partners Plan UK Fast-rail Bid
Oct 29 2010 // German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources...
Sources Report SCOR, RGA in Race to Acquire Aegon’s Transamerica Re
Oct 29 2010 // French reinsurer SCOR Group and Reinsurance Group of America (RGA) are in the race to buy Dutch insurer Aegon NV’s Transamerica Reinsurance unit, sources familiar with the matter said. The auction, which started...
Oak Street Funding Sold to Private Equity Group Angelo, Gordon & Co.
Oct 28 2010 // Indianapolis-based Oak Street Funding, one of the largest insurance lending firms for the insurance industry and insurance agencies, has been acquired by private equity firms managed by the firm Angelo, Gordon & Co....
