Mergers & acquisitions (M&A)
Mapfre agrees €85m insurance stakehold in Caixa banks
Spanish insurer Mapfre has agreed to aquire a 50% stake in the insuraance subsidiariers of banks Caixa Manresa and Caixa Tarragona for €85.7m (£74.4m)
UK takaful insurer sold to Kuwaiti buyer
Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a…
Giles confirms FSJ deal
Giles Insurance Brokers finalises deal which sees the FSJ broking unit of Cooper Gay join the broker with immediate effect.
Marsh in trade credit shake up
Marsh has created a trade credit practice for Europe, the Middle East and Africa, to be led by Tim Smith, who was previously head of the UK trade credit practice.
Moody’s expects European M&A rebound
Ratings agency Moody’s has predicted an upswing in mergers and acquisitions in the European insurance market in the coming months.
Prudential shareholder in talks with UK insurers on group bid
Capital Group has approached Aviva, Resolution and another UK insurer to attract bids according to The Times.
30 years ago: Dog Breeder stake bought by Generali
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from a past article reveals.
50 years ago: Momentous year claim by Lumsden
Looking through Post's back catalogue paints a unique picture of more than 150 yearsof insurance news, as these highlights from past-articles reveal.
Junction takes on former Bradford & Bingley customers
Junction has acquired a customer base incorporating 140 000 policyholders from part-nationalised bank Bradford & Bingley.
Safeonline acquires IP firm Samian
Independent Lloyd’s insurance broker Safeonline, has acquired Samian Underwriting Agencies.
R&Q acquires La Licorne
Randall & Quilter has acquired a French run-off reinsurer of third party motor business for €3.2m.
R&Q acquires La Licorne
Randall & Quilter has acquired a French run-off reinsurer of third party motor business for €3.2m.
Junction acquires building society's motor book
BGL affinity arm Junction has acquired Bradford & Bingley’s motor and home insurance business.
Angel purchase to give Catlin SME boost
Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.
Ex Swiss Re ILS head joins Willis for capital markets push
Willis has appointed Bill Dubinsky as managing director and head of insurance-linked securities for its Willis Capital Markets & Advisory arm.
Pavey Group buys rival and aims for growth
Exeter-based broker Pavey Group plans to "aggressively grow" its commercial business, after acquiring the commercial team and clients of fellow Exeter broker RK Shipman.
CCV buys Paul Scully
Cullum Capital Ventures has acquired East Sussex intermediary Paul Scully Insurance Brokers.
Credit hire bodies to merge
Members of the Accident Management Association and National Association of Credit Hire Operators have agreed to a planned merger after they were consulted on proposals.
Henderson in Leeds acquisition
Henderson Insurance has acquired Leeds-based Denney O’Hara (Life and Pensions) and Denney O’Hara for an undisclosed sum.
CCV snaps up Scully brokers
Cullum Capital Ventures has acquired East Sussex-based intermediary Paul Scully Insurance Brokers.
QBE set for $565m purchase of US underwriter NAU
QBE has agreed to agree underwriter and multi-peril crop insurance firm NAU Country Insurance for $565m (£365m).
Aon Benfield looking for more acquisitions – Christian
Reinsurance interviewed Aon Benfield’s new co-chief executive Dominic Christian about why Andrew Appel moved across to Aon, what the future is for former Benfield CEO Grahame Chilton, and why the company is still looking to acquire.
Interview: Dominic Christian, Aon Benfield
Reinsurance interviewed Aon Benfield’s new co-chief executive Dominic Christian about why Andrew Appel moved across to Aon, what the future is for former Benfield CEO Grahame Chilton, and why the company is still looking to acquire.
JPM franchise model unveiled
Midlands-based broker Johnston Park McAndrew is set to establish its first franchise offering in Shropshire.