Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Argonaut’s Great Central Partners with Minn. Restaurant Association
Jan 31 2006 // Great Central Insurance, a member of the Select Markets segment of San Antonio, Texas-based Argonaut Group Inc., announced it has been selected by the Minnesota Restaurant Association (MRA) to offer property and casualty...
Hallmark Completes Acquisition of Texas General Agency
Jan 31 2006 // Hallmark Financial Services Inc. announced the completion of its previously disclosed acquisition of Texas General Agency Inc. and certain affiliates. TGA is a managing general agency involved in the marketing and...
Allianz, Goldman, Amex to Acquire 10% Stake in China’s ICBC Bank
Jan 27 2006 // Germany’s Allianz Group, investment bank Goldman Sachs and American Express Company, have agreed to jointly acquire a 10 percent stake in China’s largest bank, Industrial and Commercial Bank of China Limited...
Eureko Acquires More Shares in PZU
Jan 26 2006 // Eureko, the European insurance consortium, announced that it has reached agreement to acquire an additional 4.33 percent of shares in Polish insurer Powszechny Zaklad Ubezpieczen (PZU) from Manchester Securities...
Sovereign Changing Ownership Structure; XL to Exit Joint Venture
Jan 23 2006 // Sovereign Risk Insurance Ltd., a joint venture between ACE Bermuda Insurance Ltd. and XL Insurance (Bermuda) Ltd., reported that effective Feb. 1, 2006, it is intended that the company will become wholly owned by ACE and...
Commercial lines carriers continue to impress; M&A activity up slightly
Jan 23 2006 // Stock Prices: Commercial lines stocks advanced for the second consecutive two-month period, up 5 percent for November/December, compared to a 7 percent increase in September/October. Companies continue to impress despite...
Cooper & McCloskey buys Moore Special Risk
Jan 23 2006 // Jim Moore, owner of Moore Special Risk, has sold his wholesale brokerage to Cooper & McCloskey Inc., a San Francisco-based wholesale brokerage started in 1997. The transaction was completed Jan. 1. According to Keltie...
Insurance Helps Santa Fe Museums with Art Acquisitions
Jan 23 2006 // New Mexico’s Museum of Fine Arts has acquired a 1923 Stuart Davis painting, while the private Georgia O’Keeffe Museum has announced it has acquired another O’Keeffe painting and works by eight other...
Commercial lines carriers continue to impress; M&A activity up slightly
Jan 22 2006 // Stock Prices: Commercial lines stocks advanced for the second consecutive two-month period, up 5 percent for November/December, compared to a 7 percent increase in September/October. Companies continue to impress despite...
Peak Performance Acquires PolicyPointe to Expand Product Line
Jan 19 2006 // Strategic acquisition is a key component of company’s goal to offer the industry’s most complete end-to-end insurance technology solutions Hoboken, NJ: Peak Performance, a leading provider of insurance...
Bird Flu Bulletin: Serious Funding, But No Need to Panic – Yet
Jan 19 2006 // Money talks, and it seems to speaking ever more loudly about the threat from the avian influenza virus H5N1, or bird flu. The Insurance Information Institute indicated that a severe outbreak, along the lines of the 1918...
Partnership with Non-profits Helps Injured Workers Heal Faster
Jan 18 2006 // When workers get hurt on the job, employers usually have two options: give them modified light duty work or have them remain at home, unproductive, while they heal. General Casualty Insurance Companies, based in Sun...
LWG Consulting Acquires Chicago Data Recovery Inc.
Jan 16 2006 // LWG Consulting, providers of technical expertise regarding disasters involving high technology equipment, recently announced the acquisition of the assets of Chicago Data Recovery, Inc., effective January 1, 2006. Since...
S&P Survey of Australia NZ Market Notes M&A Activity; Rating Changes
Jan 16 2006 // Standard & Poor’s Ratings Services has issued a report which notes: “Rating actions picked up noticeably in Australia and New Zealand in 2005, as merger and acquisition (M&A) activity intensified and...
Ala. County Commissioners Threatened, Reverse Vote to Buy Terrorist Insurance
Jan 12 2006 // Two weeks after voting to spend $7,000 a year for terrorism insurance, commissioners in a rural Alabama county have responded to a more immediate threat: angry voters. The Clarke County Commission has voted unanimously to...
Grange Insurance Group Partners with Identity Theft911
Jan 12 2006 // The Seattle-based Grange Insurance Group has partnered with Identity Theft 911 LLC to provide free identity theft resolution services to its homeowner and farmowner policyholders. Identity Theft 911 also will assist...
PGI Commercial Partnership to Serve Habitational Risks
Jan 11 2006 // PGI Commercial, a provider of property and casualty insurance programs based in Morristown, N.J., has formed new partnerships in order to provide habitational insurance programs. PGI’s new partners, Sirius America...
St. Paul Travelers, ICBA Partner to Offer Identity Theft Insurance
Jan 11 2006 // St. Paul Travelers, a provider of property casualty insurance, and the Independent Community Bankers of America (ICBA) are now offering ICBA member banks access to coverage, where approved, to assist identity theft victims...
Conn. Senate Democrats Eye Merger of Insurance and Banking Agencies
Jan 11 2006 // Senate Democratic leaders in Hartford have proposed several changes in state law they say will make Connecticut more business friendly. The proposals include merging the insurance and banking departments to “better...
Vietnam’s BIDV Bank to Acquire QBE’s Insurance Co. Stake
Jan 9 2006 // The Bank for Investment and Development of Vietnam (BIDV) has reportedly agreed to purchase all the stock held by Australia’s QBE Insurance Group in their joint-venture insurance company. As reported by Asia Pulse on...
