Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest purchase. Fairfax will pay $54 per share, which is …
Hartford Financial Services Group Inc. is working with JPMorgan Chase & Co. to see if the insurer can find a buyer for Talcott Resolution, the unit that includes U.S. variable annuities, according to people familiar with the matter. Apollo Global …
Octo Telematics SpA, the Italian car insurance-technology company, is pursuing an outright sale alongside preparations for an initial public offering, according to people with knowledge of the matter. Octo, owned by Russia’s Renova Group, is working with advisers to seek …
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn’t over yet, industry dealmakers said on Tuesday. Japan has a number of large, healthy insurers facing dim growth prospects at …
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with the company’s planning. AIG is weighing the exit of some …
McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking and insurance industries. SNL joins a roster …
OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter. OneBeacon has drawn interest from companies including China’s Fosun International Ltd., said the people, …
Internet Pipeline Inc., which makes technology used by insurance companies to manage customers, data and pricing, is exploring a sale or initial public offering, people with knowledge of the matter said. The company, which does business as iPipeline, could be …
Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is in talks to acquire a U.S. life insurance arm of Swiss Re Ltd., people with knowledge of the matter said. Fosun is seeking to buy Aurora National …
Axa SA is exploring the sale of a U.S. subsidiary that shoulders risks tied to variable annuities, as Europe’s second-largest insurer narrows its focus in North America, according to people familiar with the matter. The insurer is working with Morgan …
