Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
PartnerRe to Pursue Acquisition of the Remainder of PARIS RE Shares
Sep 29 2009 // Bermuda-based PartnerRe Ltd. announced that it has entered into definitive agreements amending the acquisition structure of PARIS RE Holdings Limited (Euronext:PRI), the French-listed, Swiss-based diversified reinsurer...
PartnerRe Shareholders Approve Details of PARIS RE Acquisition
Sep 25 2009 // Bermuda-based PartnerRe Ltd. announced that its shareholders, at a Special General Meeting, have approved all of the proposals unanimously recommended by the Company’s Board of Directors to effect the Company’s...
Marsh Acquires Bermuda Captive Management Advisory Company
Sep 18 2009 // Marsh Inc. announced it has completed the acquisition of International Advisory Services Ltd. (IAS), the largest independent manager of captive and third-party insurance companies in Bermuda. Terms of the transaction were...
Washington State’s Feek Financial Partners with Conover Insurance
Sep 17 2009 // Washington’s Feek Justice Financial has entered into a partnership with personal and commercial lines indeodnent agency, Conover Insurance. As a result of the new partnership, Conover Insurance has established a...
Equity Risk Partners Launches New Infrastructure, Privatization Group
Sep 17 2009 // Equity Risk Partners (ERP) has launched a new practice unit — the Infrastructure and Privatization Group. ERP, a full service insurance brokerage and risk management consulting firm, based in San Francisco, focuses...
QBE Acquires CIGNA Student, Sports Accident Book
Sep 16 2009 // New York-based QBE has acquired the CIGNA special risk, student and sports accident insurance book of business. This portfolio provides medical expense coverage for students, athletes and participants in camps, clubs, day...
Hawaii Group Buys Hurricane Insurer Zephyr from Kingsway
Sep 11 2009 // Toronto-based Kingsway Financial Services Inc. has agreed to sell Zephyr Insurance Co., Inc. to Zephyr Acquisition Co., an acquisition vehicle of Ocean Harbor Holding Inc. and MP Holdings LLC, a Hawaiian based investor...
Aon, Partner Re Release Latest Hazard & Risk Review at Monte Carlo
Sep 9 2009 // Aon Benfield and PartnerRe have released their annual re/insurance industry report, Hazard & Risk Science Review 2009, which showcases the latest developments in the field of natural hazard and risk science. The...
AmWINS Acquires Group Benefits Unit from Willis HRH
Sep 9 2009 // Charlotte, North Carolina-based national wholesale insurance broker AmWINS Group, Inc. has acquired The Managing Agency Group- Employee Benefits, a division of insurance broker Willis HRH. MAG-EB is a wholesale broker of...
Validus Completes IPC Acquisition
Sep 8 2009 // Bermuda-based Validus Holdings, Ltd. announced that it has completed its acquisition of IPC Holdings, Ltd., which Validus said, creates, “a leading carrier in the Bermuda short-tail reinsurance and insurance...
Aon Urges Ship Owners to Buy K&R Now, as Pirates Renew Attacks
Sep 4 2009 // A bulletin from Aon’s London office urges ship owners looking for kidnap and ransom coverage to “seek quotes now before an improvement in weather lures Somalian pirates back into the waters,” following a...
Willis Exec Sees Insurance M&A Activity Increase in 2010
Sep 4 2009 // The insurance industry will see a pickup in mergers & acquisitions (M&A) activity in 2010, according to Tony Ursano, CEO of Willis Capital Markets & Advisory, a unit of Willis Group Holdings. Ursano made his...
SureTec Financial to Buy Back HCC’s Interest in Company
Sep 1 2009 // Houston-based SureTec Financial Corp., sole owner of SureTec Insurance Company and other subsidiaries providing services to the construction and surety industries, announced plans to repurchase the 23.7 percent of SureTec...
Brown & Brown Acquires Benefits Unit of Roussel Agency of Tennessee
Aug 31 2009 // Florida-based insurance agency Brown & Brown has acquired the group employee benefits division of Roussel & Associates of Brentwood, Tennessee. The group employee benefits division, which has annualized revenues...
AmTrust to Buy Workers’ Compensation Unit CyberComp from Swiss Re
Aug 27 2009 // New York-based AmTrust Financial Services, Inc. has agreed to acquire CyberComp, the workers’ compensation business unit of Swiss Re, in a renewal rights transaction. Serving the workers’ compensation needs of...
Tennessee’s First Horizon to Acquire Sandlin Insurance Agency
Aug 27 2009 // First Horizon Insurance Group, Inc., a subsidiary of First Tennessee Bank, the principal subsidiary of First Horizon National Corp., reports it has agreed to acquire the insurance business of Sandlin Insurance Agency...
PartnerRe Files ‘Definitive Proxy Statement’ on PARIS RE Acquisition
Aug 25 2009 // Bermuda-based PartnerRe Ltd. Has filed a Definitive Proxy Statement with the Securities and Exchange Commission announcing a Special General Meeting of PartnerRe shareholders on Thursday, September 24, 2009. This Special...
Caribbean Agencies Create Partnership for Natural Disaster Management
Aug 21 2009 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Caribbean Disaster Emergency Response Agency (CDERA) have signed a Memorandum of Understanding (MOU) formalizing a partnership to facilitate capacity...
Source Says Macquarie in Talks to Acquire Fox-Pitt Kelton
Aug 21 2009 // Australia’s Macquarie Group Ltd. is in talks to acquire Fox-Pitt Kelton Cochran Caronia Waller, a small investment bank owned by its management and private equity firm J.C. Flowers & Co LLC, a person familiar...
Major Ohio County to Offer Benefits to Workers’ Domestic Partners
Aug 20 2009 // One of Ohio’s largest counties plans to offer health coverage to the partners of its gay and unmarried employees. Franklin County commissioners in Columbus voted unanimously on Aug. 18 to extend domestic partner...
