Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement June 1, 2021 Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash....
Intact Financial Corp. and Tryg Complete Acquisition of UK’s RSA Insurance June 1, 2021 By L.S. Howard Intact Financial Corp. announced that, together with Tryg A/S, it has completed the acquisition of RSA Insurance Group plc., after...
AssuredPartners Acquires Anchor Pardue Insurance of Alabama June 1, 2021 AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala. Anchor Pardue is the second acquisition in May for Assured...
Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica June 1, 2021 By Sonia Sirletti Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t...
Ardonagh Group Agrees to Purchase BGC’s Insurance Business for $500 Million May 27, 2021 By L.S. Howard The Ardonagh Group, a leading UK insurance broker, announced it has agreed to acquire the insurance operations of BGC Partners...
Finland’s Sampo Sells $1.7B Stake in Nordea Bank, as It Moves Ahead with Planned Exit May 26, 2021 By Kati Pohjanpalo The biggest shareholder in Nordea Bank Abp offloaded another chunk of its stake as it moves ahead with a planned...
Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs May 24, 2021 Truist Insurance Holdings has agreed to acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160...
Element Risk Management Acquires Pennsylvania’s Smith Insurance May 20, 2021 Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a...
Howden Acquires UK Specialist Broker Medical Professional Risk Solutions (MPRS) May 19, 2021 Howden Broking announced it has acquired Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector,...
Aon to Sell Pensions Business in Germany, in Another Step to Get EU Nod for WTW Deal May 17, 2021 Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and...