White Mountain’s OneBeacon Reported to Be Up for Sale January 18, 2017 By Matthew Monks OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar...
Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock December 19, 2016 By Katia Dmitrieva, Matthew Monks and Scott Deveau Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion...
The Hartford Attracting Bidders for Annuity Runoff Business September 22, 2016 By Katherine Chiglinsky and Matthew Monks Hartford Financial Services Group Inc. is working with JPMorgan Chase & Co. to see if the insurer can find a...
Italy Car Insurance Tech Firm, Octo Telematics, Weighs Sale or IPO: Sources July 11, 2016 By Alex Sherman, Ruth David and Matthew Monks Octo Telematics SpA, the Italian car insurance-technology company, is pursuing an outright sale alongside preparations for an initial public offering,...
Japanese Insurers Expected to Continue U.S. Spending Spree: Investment Bankers May 4, 2016 By Matthew Monks Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn’t...
AIG Reported Considering Sale of Blocks of Business to Narrow Focus November 29, 2015 By Matthew Monks and Sonali Basak American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale...
McGraw Hill to Pay $2.2 Billion for SNL Financial July 27, 2015 By Matthew Monks and Matt Scully McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm...
OneBeacon Explores Sale; China’s Fosun Interested: Sources April 8, 2015 By Jonathan Browning and Matthew Monks OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to...
Technology Firm iPipeline Weghing IPO; $500 Million Value Possible November 6, 2014 By Matthew Monks and Sonali Basak Internet Pipeline Inc., which makes technology used by insurance companies to manage customers, data and pricing, is exploring a sale...
Fosun Said to Pursue Deal for Swiss Re’s Aurora in the U.S. August 19, 2014 By Matthew Monks and Jonathan Browning Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is in talks to acquire a U.S. life...