Mergers & acquisitions (M&A)
Homeserve makes US acquisition
Homeserve is expanding its international operations and the development of its US business with the acquisition of National Grid Energy Services service contract business from National Grid Energy Services.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
RSA and Axa named as potential bidders for Quinn
Dutch insurance giant Eureko, RSA and Axa have been named among the 20 or so predators circling the Quinn Insurance group, according to reports in Ireland.
HCC readies for upturn in M&A activity with new launch
HCC Global Financial Products has launched a new line of business focusing on mergers and acquisitions’ transaction risk insurance; covering warranty & indemnity, tax indemnity, and contingent risk transfer insurance.
Gallagher and Zenith in merger
Caribbean insurance broker CGM Gallagher Group has merged its commercial insurance broking portfolio with that of Zenith Insurance Brokers.
Aegon disposes of Dutch business
Aegon has completed the sale of its funeral insurance business in the Netherlands to Dutch investment firm Egeria for EUR 212m.
Aegon disposes of Dutch business
Aegon has completed the sale of its funeral insurance business in the Netherlands to Dutch investment firm Egeria for EUR 212m.
Merger activity on the up
Insurance accountancy firm Moore Stephens has credited the banking sector for the resurgence of merger and acquisition activity among insurance intermediaries.
Giles poised to acquire Cooper Gay division
Giles Insurance Brokers is set to acquire Cooper Gay's UK wholesale broking division, FSJ Broking.
Outsourcing giant Capita set to take on travel insurance
Capita Insurance Services has revealed plans to enter the travel insurance sector before the end of the year.
Beachcroft acquires insurance law firm
Beachcroft is joining forces with niche insurance practice, William Holden Cooklin Gibbons.
Start-up seals second broking deal
Invicta Insurance Services, the new broking service provider set up by Steve Gamage, has made its second acquisition: Sevenoaks-based Lowe Insurance. This partnership was started over 22 years ago by Patricia and John Lowe, both of whom will remain with…
Giles to make first Lloyd's acquisition
Giles Insurance Brokers is in negotiations with Cooper Gay to acquire its FSJ business unit, Post has learnt.
Invicta completes second acquisition
Invicta Insurance Services has acquired Kent-based Lowe Insurance in its second acquisition in two weeks.
Market ripe for mergers & acquisitions
There are clear opportunities in the current market for deals involving the buying and selling of UK insurance broking businesses, particularly in the medium-size sector, according to accountant and consultant Moore Stephens.
M&A: Back in fashion?
With M&A deals back on the agenda, Tim Goggin of Lovells looks at whether the trend will continue and how it will affect reinsurers?
Entertainment brokers seeks to double size after US tie-up
Stockport-based Doodson Broking Group has signalled its intent to double in size over the next five years after forming a partnership with US broker Crossfields Insurance.
AJG boss hails underwriting potential after First City buy
OIM Underwriting will distribute its products through SME specialist Circadian as part of Arthur J Gallagher's acquisition of London broker First City.
Invicta buys Lowe
Invicta Insurance Services has acquired Kent-based Lowe Insurance in its second acquisition in two weeks.
Capita poised to grow personal lines with broker bid
Capita Insurance Services is poised to add to its growing stock of personal lines business, with Cambridgeshire-based broker Sureterm Direct a target for the firm, Post has learnt.
Gallagher set for First City purchase
The UK arm of US broking giant Arthur J Gallagher is set to acquire the insurance broking business of First City.
HIH liquidator poised to pay out
The winding up of HIH Insurance was largely complete following the formal settlement in an Australian Supreme Court according to liquidator Tony McGrath
Ecclesiastical chief expects difficult 2010
Ecclesiastical group chief executive Michael Tripp has admitted 2010 could be tougher after posting improved profit for 2009.