Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
No Comment from QBE on Report of Talks to Buy Balboa from BofA
Feb 3 2011 // QBE Insurance, Australia’s biggest insurance group, is in talks to buy U.S. insurer Balboa from Bank of America , a media report said on Thursday, sparking talk that QBE would have to sell new shares to help fund the...
Farmers Buys Naming Rights to New Los Angeles Stadium
Feb 2 2011 // The Farmers Insurance Exchange has agreed to pay $700 million for the naming rights to the proposed downtown Los Angeles football stadium and event center, a deal backers say is a big step towards attracting an NFL team to...
Upstate Agency Acquired by Glens Falls Bank
Feb 2 2011 // New York-based Glens Falls National Bank and Trust has acquired Upstate Agency Inc., a property and casualty insurance agency with eight offices in Upstate New York. Terms of the transaction were not disclosed. Upstate...
Hylant Acquires Michigan Benefits Agency
Feb 2 2011 // Ohio-based Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, recently acquired a substantial portion of Creative Benefits Systems (CBS), an employee benefits provider in Grand...
91,000 Gulf Oil Spill Claimants, BP Partner Gets Only Final Payment
Feb 2 2011 // BP’s compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a...
Towers Watson Completes Acquisition of EMB
Feb 1 2011 // Global professional services company Towers Watson has completed the acquisition of EMB, a non-life consulting and software company. The transaction, which was announced on Nov. 9, 2010, will result in the formation of the...
GreenWood Partners with Cook for Injured on Duty Coverage in Mass., R.I.
Feb 1 2011 // GreenWood International Insurance Services, Inc (GWI) is has chosen Cook & Co. of Marshfield, Mass. to provide claim and distribution support for police and fire injured on duty policies within the Massachusetts and...
AXA Acquires 80% Interest in B&B Insurance in Belarus
Feb 1 2011 // AXA Central & Eastern Europe announced the acquisition of 80 percent of B&B Insurance, the second largest insurer in Belarus, and its largest private insurer. AXA said the acquisition is another step in its...
Aon Merges M&A Advisory Teams
Jan 31 2011 // Aon Corp. has united its merger and acquisition practices to form Aon M&A Solutions, which will provide M&A risk and human capital solutions. Aon M&A Solutions will be led by Mark Arian and Brian Casey. Brian...
UK’s Amlin to Acquire Lead Yacht Underwriters
Jan 31 2011 // UK-based specialist insurer Amlin plc announced that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht Underwriters Limited from members of Lead Yacht’s board of directors. The transaction...
PartnerRe Provides January 2011 Non-Life Renewal Data
Jan 28 2011 // Bermuda-based PartnerRe Ltd. announced that during the January 1, 2011 treaty renewal season it “expects to write and bind approximately $1.8 billion of Non-Life treaty premium. On a constant foreign exchange basis,...
Lawson-Hawks Acquires Christopher Lee Insurance Services
Jan 27 2011 // Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., announced it has acquired Christopher Lee Insurance Services of Carmel, Calif. The terms of the transaction...
Bollinger Acquires Charles G. Treloar Agency
Jan 27 2011 // New Jersey-based broker Bollinger has acquired Charles G. Treloar Agency Inc. of Kenvil, New Jersey. Terms of the deal were not disclosed. The agency’s employees will be relocated to Bollinger’s corporate...
Swiss Re Calls for Increased Role for Public-private Partnerships in Disaster Relief
Jan 27 2011 // Swiss Re notes that the “increasing severity and frequency of natural catastrophes are driving up the cost of disaster relief, especially in developing and emerging markets as they are hurt the most and prepared the...
Kentucky’s Neace Lukens Acquires Ohio’s Lent Agency
Jan 26 2011 // Neace Lukens, a Louisville, Kentucky based brokerage firm, recently acquired the Lent Agency, a Dayton, Ohio insurance agency. The merger will add 12 Lent Agency employees, including four producers, to the Neace Lukens...
UK’s Amlin Acquires J R Clare Underwriting Agencies
Jan 26 2011 // UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John...
MarketScout Wholesale Acquires Wastepac
Jan 25 2011 // MarketScout Wholesale has acquired New York-based Wastepac from Insurance Specialty Group. Wastepac is general agent focusing on private businesses in the waste hauling and sanitation industries. It will remain in its...
MHBT Names New Partners
Jan 25 2011 // Dallas-based MHBT, one of the largest privately owned insurance and risk management firms in the United States, recently announced that Ryan Bowles, Dan King, Jim Moss and Travis Sartain have been named partners in the...
New Florida Agency Formed After Long-Term Partners Split
Jan 24 2011 // The Connelly, Carlisle, Fields & Nichols insurance brokerage firm, a member of the Aliant Insurance Group, began operations this month at its corporate headquarters in Clearwater, Florida. The new firm comes after the...
Tower Group Buys Renewal Rights For Some of Navigators Mid-Market Biz
Jan 18 2011 // Tower Group has acquired the renewal rights to the middle market commercial package and commercial auto business of Navigators. Terms of the deal were not disclosed. The portfolio of policies sold by New York-based...
