UK Broker Ardonagh Valued at $7.5B as Abu Dhabi Investment Authority Buys Stake December 15, 2021 By David Hellier Abu Dhabi Investment Authority has acquired a stake in Ardonagh Group in a transaction valuing the U.K. insurance broker at...
KKR Nears Deal to Buy Stake in India’s Shriram General Insurance Ahead of IPO December 15, 2021 By Baiju Kalesh and Anto Antony KKR & Co. is nearing a deal to buy a 10% stake in Shriram Capital Ltd.’s general insurance unit for...
Confie Acquires Velox Insurance to Expand in Georgia Market December 14, 2021 Confie, a U.S. independent personal lines distributor, will acquire Velox Insurance as an affiliate to its nonstandard national brand, Freeway...
World Insurance Associates Acquires New Jersey’s E&K Insurance Group December 14, 2021 World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the...
Canada’s StoneRidge Insurance Brokers Acquires John Stark & Co. December 14, 2021 SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark...
Ryan Specialty Group to Acquire Pennsylvania’s Keystone Risk Partners December 13, 2021 Ryan Specialty Group, an international specialty insurance firm, has signed an agreement to acquire certain assets of Keystone Risk Partners...
Brown & Brown Acquires Florida’s Corporate Insurance Advisors December 13, 2021 Insurance agency Brown & Brown of Florida, Inc. has acquired substantially all of the assets of Corporate Insurance Advisors. J....
British Insurer LV= Rejects Bain Takeover Bid; Royal London Wants to Talk December 10, 2021 By Pushkala Aripaka and Carolyn Cohn British mutual life insurer LV= on Friday abandoned a proposed 530 million pound ($701 million) takeover by private equity giant...
Swiss Re to Sell elipsLife to Swiss Life, Enters Long-Term Reinsurance Partnership December 10, 2021 Swiss Re announced it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International...
Risk Strategies Acquires New Jersey’s Meeker Sharkey & Hurley December 9, 2021 Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired full-service insurance and employee benefits agency Meeker Sharkey...