K2 Insurance Services Launches International Re/insurance Platform in London June 1, 2020 K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International,...
K2 Insurance Services Completes Purchase of MGA Pioneer Underwriters May 29, 2020 K2 Insurance Services LLC, the specialty insurance services holding company, has completed the purchase of Pioneer Underwriters, the London-based managing...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources May 28, 2020 By Jan-Henrik Förster and Sonia Sirletti Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner...
Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources May 22, 2020 By Aluísio Alves Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin...
Altamont Capital Deal to Acquire Topa Insurance Called Off May 20, 2020 By Andrew G. Simpson The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners...
NFP Acquires Pennsylvania-Based Insurance Broker Team Scotti May 20, 2020 Insurance broker NFP as acquired LFG Inc., which does business as Team Scotti). The transaction closed effective December 1, 2019....
Hub Acquires Assets of Massachusetts’ Lashua-LaChance & Poliks Insurance Agency May 18, 2020 Hub International Limited, a global insurance brokerage, has acquired the assets of Lashua-LaChance & Poliks Insurance Agency Inc. Terms of...
Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
Hub Acquires Quebec’s Vestas Financial Services May 13, 2020 Global insurance broker Hub International Limited has acquired Vestas Financial Services Firm Inc. Located in Montreal, Quebec, Canada, Vestas is...
French Mutual Covéa Scraps $9 Billion Purchase of PartnerRe from Exor May 12, 2020 French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor,...