Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC December 2, 2020 Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all...
Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business December 2, 2020 Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance...
Hub International Acquires Quebec-Based Seymour Alper December 2, 2020 Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were...
Allianz to Buy General Insurance Business of Australia’s Westpac for $534M December 2, 2020 Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for...
AmWINS to Acquire Bermuda-Based International Specialty Brokers Ltd. December 1, 2020 AmWINS Group Inc., a global distributor of specialty insurance products and services, announced it has signed a definitive agreement to...
Private Equity Firm Cinven and Canada’s BCI to Buy Legacy Specialist Compre December 1, 2020 Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced...
World Insurance Associates Acquires Connecticut’s Flanagan Associates December 1, 2020 World Insurance Associates LLC (WIA) has acquired Flanagan Associates LLC of North Haven, Conn., on November 1, 2020. Terms of...
Arthur J. Gallagher & Co. Acquires Pennsylvania’s JP Warner Associates November 30, 2020 Arthur J. Gallagher & Co. has acquired Wayne, Penn.-based JP Warner Associates Inc., doing business as Warner Benefits. Terms of...
AXA Sells Persian Gulf Business for $269 Million to Kuwaiti-Based Group November 30, 2020 By Nicolas Parasie AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts...
Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit November 30, 2020 By Boris Groendahl and Colin Keatinge Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy...