Business Moves January 13, 2014 Brown & Brown, ICA Brown & Brown Inc. has acquired certain assets of insurance claims adjusting firm ICA Inc., based...
China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion January 10, 2014 China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36...
Nationale Suisse Granted Singapore Insurance License January 9, 2014 Nationale Suisse announced that its new Singapore branch has received a license from the local authorities allowing it to insure...
Willis to Acquire Specialist Broker Charles Monat Limited January 9, 2014 Willis Group Holdings announced that it has agreed to acquire Charles Monat Limited, a life insurance solutions adviser to high...
Marsh to Acquire Scotland-Based Central Insurance Services January 7, 2014 Marsh Inc. (UK) announced that it had reached a definitive agreement to acquire Aberdeen-based Central Insurance Services, the leading independent...
Catlin’s Insurance Co. Opens Singapore Branch January 7, 2014 The Catlin Group Limited announced the formation of the Singapore Branch of Catlin Insurance Company Ltd. of Bermuda. Catlin Insurance...
Liberty Mutual Group to Buy Rest of Irish Unit from IBRC December 19, 2013 By Joe Brennan Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland...
Sompo Japan to Buy UK Insurer Canopius in Overseas Expansion Drive December 18, 2013 By Komaki Ito and Tomoko Yamazaki Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it...
IAG to Buy Wesfarmers Insurance Business for A$1.85 Billion December 16, 2013 By Iain McDonald and Narayanan Somasundaram Insurance Australia Group Ltd. agreed to buy Wesfarmers Ltd.’s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion...
Sompo Japan Considers Acquisition of U.K.’s Canopius Group December 16, 2013 By Pavel Alpeyev and Ma Jie Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, is considering buying the U.K.’s...