Indian Tycoon Birla Weighs Selling Insurance Brokerage Unit: Sources December 13, 2022 By Anto Antony Aditya Birla Capital Ltd., controlled by billionaire Kumar Mangalam Birla, is considering selling its insurance brokerage unit as the group...
Jensten Acquires Specialist Motor Trade Broker Bellegrove December 9, 2022 The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant...
BMS Acquires Spanish Specialty Broker Eisenar December 7, 2022 BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty...
Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates December 6, 2022 Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates...
Ardonagh Advisory Acquires UK Broker The Professional Indemnity Co. December 5, 2022 Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired The Professional Broking Group Ltd., which...
KKR Used Equity Rather Than Debt to Fund Acquisition of Broker April Group December 2, 2022 By Claire Ruckin and Silas Brown KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s...
K2 Insurance Services Announces New Private Equity Partner December 1, 2022 K2 Insurance Services, an independent specialty insurance program manager, announced that Warburg Pincus, a global growth investor, has agreed to...
Howden Acquires Australian Specialty Broker AlphaXO Risk Partners December 1, 2022 Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty...
Insurance Broker BMS Group’s Owners Weigh Its Sale, With £600 Million Valuation November 30, 2022 By Jan-Henrik Förster British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the...
Private Equity Firm KKR Nears €2.3 Billion Deal for French Insurance Broker April Group November 28, 2022 By Jan-Henrik Förster and Ruth David French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to...