Aon’s $30B Bid for Willis Towers Watson Faces EU Probe: Reuters December 15, 2020 By Foo Yun Chee BRUSSELS – Aon’s $30 billion bid for Willis Towers to create the world’s largest insurance broker faces a full-scale investigation...
UK Insurer LV= to Sell Savings, Retirement Businesses to Bain Capital for $707M December 15, 2020 LONDON — Mutual insurer Liverpool Victoria Financial Services (LV=) has agreed to sell its savings & retirement and protection businesses...
Aon Acquires India’s Anviti Insurance Brokers December 14, 2020 Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm...
UK Insurer Aviva to Sell Vietnamese Business to Canada’s ManuLife December 14, 2020 By Carolyn Cohn and Sumeet Chatterjee British insurer Aviva PLC is selling its Vietnamese business to Canadian insurer ManuLife Financial Corp, it said on Monday, as...
Zurich and Farmers Agree to Buy MetLife’s U.S. P/C Business for $3.94 Billion December 11, 2020 Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers...
Insurers Ink $90 Billion in Merger Deals as They Pursue Post-Coronavirus Clout December 10, 2020 By Lucca de Paoli Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak...
Arthur J. Gallagher & Co. Acquires New York’s Cool Insuring Agency December 10, 2020 Arthur J. Gallagher & Co. has acquired Queensbury, N.Y.-based Cool Insuring Agency Inc. Terms of the transaction were not disclosed....
World Insurance Associates Acquires Connecticut’s The Watts Group December 9, 2020 World Insurance Associates LLC (WIA) has acquired The Watts Group LLC of West Hartford, Conn. Terms of the transaction were...
UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing December 9, 2020 Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics...
Hub Acquires Assets of Connecticut’s Chelsea Insurance Agency December 8, 2020 Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Chelsea Insurance Agency LLC. Terms of the transaction...