Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Oklahoma’s Mid-Continent to Acquire Tank Owner Members Insurance Renewal Rights
Jan 4 2018 // Tulsa, Oklahoma-based Mid-Continent Group, a member of Great American Insurance Group, has completed a renewal rights agreement with Tank Owner Members Insurance Company (TOMIC) to acquire TOMIC’s book of...
Ryan Specialty Group to Acquire New York’s Kerwick & Curran
Jan 4 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Kerwick & Curran Inc. (K&C), a wholesale insurance brokerage with offices in Tarrytown and Melville, N.Y. Terms of...
Genworth Not Giving Up on Being Acquired by China’s Oceanwide
Jan 4 2018 // Genworth Financial Inc. said on Wednesday it was pressing forward on its deal to be acquired by China’s Oceanwide Holdings Co. Ltd, which has stalled over concerns about Chinese access to sensitive U.S. personal data...
AmWINS Group to Acquire Seacoast Brokers, Trident Claims Management of South Carolina
Jan 4 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has reached a definitive agreement to acquire Seacoast Brokers, LLC, a South Carolina-based personal lines specialty MGA that designs,...
Qatar Re Agrees to Buy Markerstudy’s Insurance Companies in Gibraltar
Jan 3 2018 // Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. The companies are: Markerstudy Insurance Co. Ltd., Zenith Insurance PLC, St. Julians Insurance Co. Ltd. and...
Seeman Holtz Property & Casualty Acquires J & A Insurance of Florida
Jan 3 2018 // Florida-based Seeman Holtz Property & Casualty, Inc. has acquired J & A Insurance and More, Inc., headquartered in West Palm Beach, Florida. Led by Jacqueline Estevez and her team, the company has offered...
Seeman Holtz Acquires Houston’s Dash Insurance Agency
Jan 2 2018 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Dash Insurance Agency, headquartered in Houston, Texas. Dash Insurance Agency provides full auto and liability insurance products and...
RightSure Acquires Auto & Property Insurance Solutions in California
Jan 2 2018 // RightSure Insurance Group has acquired California-based Auto & Property Insurance Solutions. Auto & Property Insurance Solutions is RightSure’s 14th book of business acquisition. Auto & Property Insurance...
Aon Acquires Real Estate Investment Advisor Townsend Group
Jan 2 2018 // Insurance brokerage and consultant Aon has completed its acquisition of The Townsend Group, a global investment management and advisory services firm primarily focused on real estate and real assets. Aon reported in...
Ageas Sells Stake in Italian Bancassurer CARGEAS to BNP for $213.6M
Jan 2 2018 // Brussels-based insurer Ageas on Dec. 29 completed the sale of its stake in Italian bancassurer Cargeas Assicurazioni (CARGEAS) to BNP Paribas Cardif, for €178 million (US$213.6 million) in cash. Ageas and BNP Paribas...
R&Q Buys Old Mutual’s Run-Off Captive, Constantia Insurance
Jan 2 2018 // Randall & Quilter (R&Q) announced it has acquired Constantia Insurance Co. (Guernsey) Ltd., a captive company now in run-off, from Old Mutual plc. Regulatory approval for the acquisition has been granted and...
Fairfax Financial Sells Singapore Insurer to Mitsui Sumitomo for $1.6B
Dec 29 2017 // Fairfax Financial Holdings said it has successfully sold a Singapore insurer to Japan’s Mitsui Sumitomo Insurance Co. for US$1.6 billion.The deal between the Toronto, Canada-based P/C insurance, reinsurance and...
Allianz Buys 49% Stake in General Insurance Businesses of UK’s LV=
Dec 29 2017 // Allianz Group announced it has acquired a 49 percent stake in Liverpool Victoria Friendly Society’s UK general insurance businesses, the first stage in the creation of the companies’ joint venture and strategic...
China’s Fosun Plans to Raise $3.2B to Boost Domestic M&A: Sources
Dec 29 2017 // Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments inside the country,...
UnitedHealth to Acquire Banmedica in Chile for $2.8B
Dec 27 2017 // UnitedHealth Group Inc said on Friday [Dec. 22] it signed a definitive agreement to buy Chilean healthcare company Banmedica SA for $2.8 billion, expanding the health insurer’s footprint in South America. Banmedica...
Zurich Acquires Bright Box, Specialist in Telematics, Connected Car Technologies
Dec 22 2017 // Zurich Insurance Group announced it has purchased 100 percent of the shares of Bright Box HK Ltd. and its subsidiaries – an acquisition designed to increase its capabilities in connected car technologies and...
Congress OKs Stop-Gap Funding to Avoid Government Shutdown
Dec 21 2017 // The Senate gave final approval Thursday night to a short-term extension of federal funding to keep the government running for three more weeks while shoving a raft of fiscal and policy fights into the new year. The...
The Hilb Group Acquires Indiana’s Insurance Trustees
Dec 21 2017 // The Hilb Group LLC (THG) announced today the acquisition of Insurance Trustees Inc. in Garrett, Indiana. Founded over 100 years ago, Insurance Trustees offers a wide range of property/casualty and employee benefits...
Hanson Insurance Acquires Assets of Corvallis and Stineff in Oregon
Dec 19 2017 // Oregon-based Hanson Insurance Group of Corvallis has acquired and will be merging Corvallis Insurance Services and Stineff Insurance Services of Monmouth into the Hanson Insurance Group name. Both independent agencies...
Alera Group Acquires Illinois’ Hallberg Commercial Insurers
Dec 19 2017 // Deerfield, Illinois-based employee benefits, property/casualty, risk management and wealth management firm, Alera Group, has acquired Hallberg Commercial Insurers Inc. in Oakbrook, Illinois. Hallberg Commercial provides...
