Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Lisa Colletto Named Partner in Pinnacle
Feb 11 2004 // Pinnacle Training & Consulting, headquartered in Simsbury, Conn., a leading provider of training, implementation services, and insurance education to the insurance industry, announced that Lisa Colletto has been named...
PartnerRe Reports $104.5 million Q4 Net; $467.7 Million Full Year
Feb 10 2004 // Bermuda-based PartnerRe Ltd. reported net income, which includes capital gains and losses on investments, of $104.5 million, or $1.84 per share on a fully diluted basis, for the quarter ended December 31, 2003. Net income...
Arthur J. Gallagher & Co. Acquires Louisiana Agencies
Feb 9 2004 // Illinois-based Arthur J. Gallagher & Co. announced it has acquired Roberts & Eastland LLC and Persac Insurance Agency of Baton Rouge, La., effective Jan. 31, 2004. Terms of the transactions were not...
Swiss Re to Acquire CNA’s Life Business for $690 Million
Feb 5 2004 // Swiss Re announced that it has reached an agreement to acquire Chicago-based CNA Financial’s individual life insurance business, as well as a life insurance servicing and administration facility in Nashville, Tenn.,...
XL in Partnership with City of Zurich to Provide Career Education Program
Feb 5 2004 // Bermuda’s XL Capital Ltd. announced that its global Property and Casualty insurance subsidiary, XL Insurance Switzerland (XLIS), is to fund a career education program developed and offered by the Careers Guidance...
BenefitMall Completes Acquisition of Colorado Group Services
Feb 3 2004 // BenefitMall, one of the nation’s leading broker services companies, announced that it has purchased the assets of Colorado Group Services (CGS), a full-service general agency that has served Colorado’s...
Kibble & Prentice Acquires BGI Inc.
Feb 2 2004 // As part of its strategy to grow through acquisitions and provide its customers with expanded services and market access, Seattle-based Kibble & Prentice has acquired BGI Inc., a player in the Northwest insurance...
Brown & Brown Acquires Doyle Consulting Group
Feb 2 2004 // Florida’s Brown & Brown, Inc announced the asset acquisition of Doyle Consulting Group, Inc. and Doyle Consulting Group of New Jersey, Inc. with offices in Philadelphia, Penna. and Woodbridge, N.J. by a Delaware...
BB&T Insurance Services Finalizes Acquisition of Ala. Firm
Feb 2 2004 // North Carolina-based BB&T Insurance Services has completed its acquisition of McGriff, Seibels & Williams Inc. of Birmingham, Ala., creating the sixth largest insurance broker in the nation. The transaction was...
ISO Acquires Quality Planning Corporation
Jan 30 2004 // Insurance Services Office Inc. (ISO) has acquired Quality Planning Corporation (QPC), a San Francisco-based provider of analytic methods for helping auto insurance companies achieve greater rating integrity. Terms were not...
Lloyd’s Partners with London Police
Jan 29 2004 // “East London Bobbies will be experiencing the world of brief cases and pin-striped suits as part of a new mentoring scheme,” said a bulletin from Lloyd’s. Senior police officers from Tower Hamlets will...
Texas Mutual, Argonaut Partner for Other States Coverage
Jan 28 2004 // Texas Mutual Insurance Company announced it is partnering with Argonaut Insurance to offer workers’ compensation coverage for Texas-based businesses that have operations in other states. The agreement will apply to...
Doug Flake Becomes Partner at Alexander Morford & Woo
Jan 26 2004 // Alexander Morford & Woo Inc. announced that Doug C. Flake has become a partner of the firm, joining Paul Nowak, who became a partner this past October. As the manager of the firm’s California branch, Flake has...
Members Approve Trade Association Merger; New Group Known as PCI
Jan 26 2004 // Members of the Alliance of American Insurers and the National Association of Independent Insurers (NAII) finalized the merger of the trade groups forming a new association to be known as Property Casualty Insurers...
Members Approve Association Merger; New Group Opens Doors as PCI
Jan 26 2004 // Members of the Alliance of American Insurers and the National Association of Independent Insurers (NAII) finalized the merger of the trade groups forming a new association to be known as the Property Casualty Insurers...
Members Approve Association Merger; New Group Opens Doors as PCI
Jan 26 2004 // Members of the Alliance of American Insurers and the National Association of Independent Insurers (NAII) finalized the merger of the trade groups forming a new association to be known as the Property Casualty Insurers...
PartnerRe Reports Claims from its Exposure to Algerian Gas Plant Explosion to Range Between $27-30 Million
Jan 23 2004 // Bermuda-based PartnerRe Ltd. announced that claims relating to its net exposure to an explosion at Algeria’s largest LNG (liquefied natural gas) plant earlier this week are expected to approximate $27-30 million. The...
Willis Acquires Remaining Shares in Danish Sub
Jan 22 2004 // Global insurance broker Willis Group Holdings announced that it has acquired the remaining shares of Willis A/S in Denmark that it did not already own. The move is the second major acquisition Willis has made in the Nordic...
Allenbrook, Whitehill Technologies Strike Partnership for the Future
Jan 22 2004 // Allenbrook Inc., a provider of processing software and consulting services for the property/casualty industry, announced a partnership with Whitehill Technologies, Inc. Whitehill provides companies the ability to extract...
Holland’s Actuac, Japan’s IIC Partners Join Milliman Global
Jan 22 2004 // Seattle-based Milliman Global, an organization of independent, international consulting firms, announced that the Netherlands’ Actuac and Japan’s IIC Partners have joined its roster of international consulting...
