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Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line
Dec 6 2024 // Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer. London-listed Aviva sweetened its bid in...
UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion
Dec 5 2024 // Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter...
Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions
Dec 4 2024 // Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking...
WTW to Return to Treaty Reinsurance Broking Via Bain Capital Joint Venture
Dec 3 2024 // WTW announced it will return to treaty reinsurance broking via a joint venture with the private investment firm Bain Capital. WTW will hold a minority share in the new company, said WTW in an announcement outlining its...
Arthur J. Gallagher & Co. Acquires Brokerages in Canada and Australia
Dec 3 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, announced the acquisition of a Canadian and Australian insurance brokerages. In...
Arthur J. Gallagher & Co. Acquires UK-Based Caytons Law
Dec 2 2024 // Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based operations of Caytons Law LLP. Terms of the transaction were not...
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