Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Chinese M&A to Continue Despite Regulatory, Policy Hurdles: A.M. Best
Dec 30 2016 // While Chinese companies have been increasing their overseas merger and acquisition (M&A) activity in recent years, there are signs that growth could slow in the coming year, as a result of uncertain economic outlook...
NN Group Agrees to Acquire Dutch Insurer Delta Lloyd for $2.6B
Dec 28 2016 // NN Group NV agreed to buy Delta Lloyd NV for about 2.5 billion euros ($2.6 billion) after its earlier offer for the Dutch insurer was rejected. NN offered 5.40 euros a share in cash for Amsterdam-based Delta Lloyd, the...
Risk Strategies Acquires Advanced Insurance Underwriters in Florida
Dec 27 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, Fla. Terms of...
Arthur J. Gallagher Acquires Louisiana’s Group Insurance Associates
Dec 22 2016 // Arthur J. Gallagher & Co. has acquired Group Insurance Associates Inc. in Metairie, Louisiana. Terms of the transaction were not disclosed. Founded in 1983, Group Insurance Associates Inc. (GIA) is an employee benefits...
Higginbotham Expands with Insurance Associates of the Southwest Merger
Dec 20 2016 // Fort Worth-based independent insurance broker, Higginbotham, and Insurance Associates of the Southwest (IAS) have merged their operations in Houston. IAS is an independent broker with 38 commercial, personal, life, health...
Arthur J. Gallagher Acquires National Ethics Bureau in California
Dec 20 2016 // Arthur J. Gallagher & Co. has acquired National Ethics Bureau Inc. in Carlsbad, Calif. Terms of the deal were not disclosed. Japheth Smellie and his team will continue to operate from their Southern California location...
Acrisure Acquires Alaska USA Insurance Brokers’ Commercial, Benefits Business
Dec 20 2016 // Acrisure LLC has acquired Alaska USA Insurance Brokers’ commercial insurance and employee benefits books of business. Terms of the deal were not disclosed. The new company will operate under the name Insurance...
USI Acquires Austin-Based Employee Benefits Firm, Ball Peoples
Dec 20 2016 // USI Insurance Services (USI) has acquired Ball Peoples, an employee benefits advisory firm headquartered in Austin, Texas. Since 1975, Ball Peoples has been providing employee benefits for clients throughout Central Texas...
Kaplansky Insurance of Massachusetts Acquires R.P. Ahearn Insurance
Dec 20 2016 // Kaplansky Insurance, a Needham, Mass., based independent insurance agency, has acquired certain assets of R.P. Ahearn Insurance Agency, based in Framingham, Mass. Since 1987, R.P. Ahearn Insurance has been dedicated to...
XL Catlin Extends Partnership with Kidnap Response Specialist S-RM
Dec 20 2016 // XL Catlin’s insurance operations announced it has extended its partnership with S-RM, the London-based specialist risk and business intelligence consultancy, effective Jan. 1, 2017. S-RM becomes XL Catlin’s...
Guidewire to Acquire Insurance Cloud Software Firm ISCS for $160 Million
Dec 19 2016 // Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160 million in cash. The deal gives Guidewire entry into the small...
Confie Acquires Oasis Insurance in Arizona
Dec 19 2016 // Confie has acquired Mesa, Ariz.-based Oasis Insurance. Terms of the deal weren’t disclosed. Oasis Insurance is a provider of non-standard auto insurance. It operates from 21 offices located in Phoenix, Tucson, Mesa,...
JLT Re Acquires StoneHill Reinsurance Partners
Dec 19 2016 // JLT Re said it has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability. StoneHill, which is based in Minneapolis, will form part of JLT Re (North...
Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims
Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...
Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock
Dec 19 2016 // Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest...
Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1
Dec 19 2016 // M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from the insurance team at the international law firm Clyde & Co. Andrew Holderness, a...
Origami Acquires Utah-based Workers’ Comp Form Provider Claimwire
Dec 15 2016 // Origami Risk has acquired Kaysville, Utah-based Claimwire, a provider of automated workers’ compensation forms, compliance resources and regulatory information to the insurance industry. Terms of the deal were not...
INSURICA, DFB Insurance Group Forge Partnership
Dec 15 2016 // Oklahoma City-based INSURICA and Amarillo, Texas-based DFB Insurance Group have combined to form INSURICA DFB Insurance Services LLC. The new entity will be jointly owned by INSURICA and DFB. The transaction, effective...
Maine-Based Cross Insurance Acquires Colt Insurance of Massachusetts
Dec 15 2016 // Cross Insurance, a Bangor, Maine, based subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, has further expanded its presence in western Massachusetts, New York and...
South Africa’s Rand Merchant Acquires 30% of UK Motor Insurer Hastings
Dec 14 2016 // South Africa’s Rand Merchant Investment Holdings ramped up its presence in the British insurance market on Wednesday with the purchase of a 30 percent stake in Hastings, driving the UK firm’s shares to 2-1/2...
