Starr Buys Wright USA from Ironshore, Subsidiary of China’s Fosun September 26, 2016 Starr Companies has acquired Wright USA from Ironshore Insurance Services, a subsidiary of China’s Fosun Group. Wright USA is an...
R&Q Acquires U.S. Sports Captive Insurer in Runoff September 23, 2016 London’s Randall & Quilter Investment Holdings Ltd. said it has acquired United States Sports Insurance Co., a wholly owned captive...
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...
Metromile Auto Insurer Gets $192 Million, Mark Cuban and Mosaic’s 50 State Licenses September 21, 2016 By Lizette Chapman Fueled with $191.5 million from billionaire Mark Cuban and other investors, Metromile Inc. is now poised to complete its journey...
XL Catlin to Buy Australian Underwriting Agency Brooklyn September 16, 2016 Specialist insurer XL Catlin has agreed to acquire Australia’s Brooklyn Underwriting from Paul Hines. Brooklyn is an underwriting agency in...
Hub International Acquires Canadian Agency, New Dimensions Underwriters September 12, 2016 Global insurance broker Hub International Ltd. has acquired New Dimensions Underwriters Ltd. Based in Edmonton, Alberta, Canada, New Dimensions is...
London’s BMS Re Acquires Texas Reinsurance Broker September 9, 2016 London-based BMS Re US, a specialist insurance and reinsurance broker, has acquired a reinsurance intermediary that complements its own operations....
Current State of P/C Insurance Agency Mergers and Valuations September 8, 2016 The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since...
Tokio Marine in Talks to Acquire RHB’s Non-Life Insurance Unit: Sources August 30, 2016 By Denny Thomas Tokio Marine Holdings Inc, is in exclusive talks to buy RHB Bank’s general insurance unit in a deal that also...
New Jersey’s Holman Insurance Services Acquires Risk Partners August 18, 2016 Holman Insurance Services LLC, a subsidiary of Maple Shade, N.J., based Holman Automotive Group Inc., has acquiredRisk Partners Inc., a...