Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Constellation Acquiring Medical Professional Liability Insurer Arkansas Mutual
May 6 2015 // Constellation, a mutual holding company, announced that Little Rock-based medical professional liability insurance provider, Arkansas Mutual Insurance Co., is joining its family of companies. Arkansas Mutual will be the...
Risk Strategies Acquires Chicago-Based Northwest Comprehensive
May 6 2015 // Boston-based insurance brokerage and risk management firm, Risk Strategies Co., has acquired Northwest Comprehensive Inc., a full service employee benefits insurance brokerage and consulting firm headquartered in...
V3 Insurance Partners Launches Program for Auto Rental Industry
May 6 2015 // V3 Insurance Partners LLC has introduced Rental V₃antage, a new multi-line insurance program for the daily auto rental industry, including nationally franchised rental agencies and independent auto rental...
EXOR Bid for PartnerRe Still Has Legs as Shareholders Weigh Offers: Real M&A
May 5 2015 // PartnerRe Ltd. is betting the value of a merger with AXIS Capital Holdings Ltd. is worth more in the long run than an extra few dollars a share now. Shareholders may not agree. The Bermuda-based reinsurer on Monday chose a...
Orchid Underwriters Agency Acquires Coastal Agents Alliance in New Jersey
May 5 2015 // Orchid Underwriters Agency LLC, a Vero Beach, Florida-based managing general agent providing excess & surplus (E&S) insurance for coastal properties, announced that it has acquired Coastal Agents Alliance, a...
Florida-Based Triton Acquires Phoenix Insurance, Expands into Commercial Market
May 5 2015 // Triton Insurance Group, Inc., based in Margate, Fla., has entered the commercial insurance market with the acquisition of Phoenix Insurance Group, located in Coral Springs. Currently, Triton Insurance Group, Inc., offers...
EXOR Says Remains ‘Fully Committed’ to Spurned PartnerRe Offer
May 4 2015 // Italy’s EXOR said on Monday it remained fully committed to its $6.4 billion offer for PartnerRe after the Bermuda-based reinsurer rejected its attempt to trump a rival bid by AXIS Capital Holdings. EXOR’s...
Oklahoma-Based The Holmes Organisation Acquired by Hub
May 4 2015 // Hub International Limited (Hub) subsidiary Hub International Midwest Limited (Hub Midwest) has acquired the assets of The Holmes Organisation (Holmes), a Tulsa, Okla.-based multi-line property and casualty, employee...
PartnerRe Rejects EXOR Offer; Confirms AXIS Deal w/ Enhanced Terms
May 4 2015 // Bermuda-based PartnerRe Ltd. announced that its Board of Directors has rejected the unsolicited proposal by EXOR S.p.A. to acquire PartnerRe at a price of $130 per share, and reconfirmed its commitment to the planned...
Updated: China’s Fosun to Buy Remaining Shares in Ironshore for $1.84B
May 4 2015 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore Inc. after buying the shares it doesn’t already own in the...
How Analytics Technology Can Speed Integration Post-M&A
May 4 2015 // The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and...
Arthur J. Gallagher Acquires Midwest Healthcare Consulting Firm
May 1 2015 // Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Integrated Healthcare Strategies located in Kansas City, Mo., and Minneapolis, Minn. Terms of the transaction were not disclosed. With operations dating back to...
Statement of XL CEO McGavick on Closing of Merger with Catlin
May 1 2015 // XL Group plc CEO Mike McGavick has issued the following statement upon the closing of the acquisition of the Catlin Group by XL. Dear Valued Partner: On behalf of Stephen Catlin and myself, I’m proud to let you know...
U.K. Intermediaries Hyperion and R K Harrison Complete Merger
May 1 2015 // London-based intermediaries Hyperion Insurance Group Limited* and R K Harrison Holdings Limited (RKH) have completed the merger of their two businesses, following receipt of applicable regulatory and legal...
Esurance Becomes Baseball’s Exclusive Auto Insurance Partner
Apr 29 2015 // Esurance has become Major League Baseball’s exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport’s new all-digital All-Star balloting. Neither MLB nor Esurance,...
UK Regulator Approves Xchanging’s Acquisition of Agencyport Europe
Apr 29 2015 // Business technology and services provider Xchanging plc announced that the UK’s Competition and Markets Authority (CMA) has delivered its formal decision to clear the completed acquisition of Agencyport...
PartnerRe Ducks Questions in Call on EXOR’s $6.4 Billion Offer
Apr 29 2015 // PartnerRe Ltd., the reinsurer that agreed to combine with AXIS Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion buyout offer from EXOR...
Meadowbrook Insurance Shareholders Approve Acquisition by Fosun
Apr 28 2015 // Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited. In late...
PartnerRe Reports $231.7 Million Q1 Net Earnings; $150.5 Operating
Apr 28 2015 // Bermuda-based PartnerRe Ltd. reported net income of $231.7 million, or $4.76 per share for the first quarter of 2015. The figure includes net after-tax realized and unrealized gains on investments of $100.3 million, or...
Willis Ratings ‘Not Affected’ by Gras Savoye Proposed Acquisition: S&P
Apr 24 2015 // Standard & Poor’s Ratings Services said that its ratings on Willis Group Holdings plc (BBB-/Positive/–) “are not affected by the company’s proposed acquisition of the remaining 70 percent that...
