Latest M&A News
Price Forbes eyes new Chinese clients through deal
Broker buys Pittsburgh and Ohio-based firms.
Eighty-four percent of insurance companies globally are planning to make between one and three acquisitions in 2017, according to a study by consultancy KPMG.
Creechurch’s 30 strong team will remain based in their existing Toronto, Montreal and Vancouver offices, Beazley said.
Marsh & McLennan Agency announced it has completed its acquisition of J Smith Lanier.
The deal to buy Ironshore from Fosun is expected to close in the first half of 2017.
The acquisition of Axa UK-owned broker and managing agent Bluefin is expected to close in Q1 2017.
The measure of whether Gen Re’s underwriting partnership with TransRe is a success will be whether the arrangement lasts longer than the initial five-year agreement, the latter’s president and chief executive believes.
Much has been written about how the combined operations of Willis and Towers Watson will fare, but one aspect of the business that little has been heard about is Willis Re.
Plenty of excitement surrounds news of a merger or acquisition, but often only part of the story ever makes it into the press.
If the actors of today’s re/insurance market were transposed into the setting of a 1980s high school movie, the plot would definitely be Prom Night.
Comment: Chubb held an employee meeting on July 20 to discuss its merger deal with Ace, with a guest speaker: Ace’s chairman and CEO Evan Greenberg, who told staff to work with Ace to build on their company’s success.
Comment: Whether its brokers, insurers or reinsurers, companies are currently coupling up like amorous teens at a high school dance.
Is the reinsurance sector overcapitalised, or is it instead a case of the world being underinsured?
XL and Catlin have agreed terms for a takeover that should close in the first half of 2015
Chinese holding company Fosun Intl has agreed to buy US insurer Meadowbrook for $433m
Company profile: German insurance group Talanx, majority owner of Hannover Re, has floated at last. But the group will not use the deal as a springboard for aggressive growth, says the CEO of its industrial insurance unit.
December's announcement that Japanese insurer Tokio Marine is to buy Kiln ended rampant speculation about who would snap up the Lloyd's insurer. Richard Crump speaks to Charles Franks, CEO of RJ Kiln, about how Kiln feels about its new owners and how the acquisition will affect the firm.
From triple-B-range reinsurer on the edge of oblivion to number five reinsurer in the world. French reinsurer Scor has turned its fortunes around and is riding high. Denis Kessler, the firm's larger than life CEO, tells Verena Horne the story behind this remarkable turnaround and his ambitious plans for growth.
In this month's Reactions