Business Moves December 16, 2013 AmWINS Acquires Bliss & Glennon, eReinsure AmWINS Group Inc. has reached a definitive agreement with Fortegra Financial Corp. to acquire...
SAC Capital’s Reinsurer to Be Sold to Investor Group Headed by Duperreault December 10, 2013 By Noah Buhayar, Katherine Burton and Zachary Tracer Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, agreed to sell a reinsurer he formed in 2012...
ANV, Ryan Specialty Complete Managing Agency Combination December 9, 2013 ANV Holdings BV, the Dutch-headquartered specialty insurance business founded by CEO R. Matthew Fairfield, and Ryan Specialty Group, LLC (RSG)...
IAG Said to Consider Bidding for Wesfarmers Insurance Unit December 6, 2013 By Brett Foley and Narayanan Somasundaram Insurance Australia Group Ltd., the nation’s biggest car and home insurer, is studying a bid for Wesfarmers Ltd.’s insurance unit,...
Tokio Marine Europe to Combine Operations with Kiln Group December 5, 2013 Tokio Marine Europe and Kiln, both of which are part of the Tokio Marine Group, announced their intention yesterday to...
Aon Ex-Executive Chilton Joins Gallagher in Reinsurance Venture December 5, 2013 By Noah Buhayar Grahame Chilton, who helped build Benfield Group Ltd. before selling it to Aon Plc in 2008, has formed a partnership...
Business Moves December 2, 2013 Eastern Insurance Group, Westover Insurance Eastern Insurance Group, an insurance agency and a subsidiary of Eastern Bank based in Natick,...
UPDATE: Swiss Re Buying Zurich’s Stake in New China Life for $493 Million November 21, 2013 Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent...
Business Moves November 18, 2013 R-T Specialty, Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker...
AXA Buys Stake in Insurance Business of Colombia’s Colpatria November 11, 2013 By Mark Deen Axa SA agreed to buy a controlling stake in Colombian insurer Colpatria Seguros for €259 million ($346 million) to expand...