Mergers & acquisitions (M&A)
Communicating Change: Preparing to be purchased
Groupama UK and its broker subsidiaries were put up for sale in January. How has its management communicated the process to ensure that positive commercial momentum is maintained?
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Towergate says Cobra withdrawal shows it is financially disciplined and 'boring'
Towergate boss Mark Hodges has said the broker's withdrawal from the race to buy rival Cobra is a sign of Towergate's financial discipline.
Q&A with RSA's Phil Bulgin
Despite media coverage of Asia's restrictive and sometimes protectionist regulatory regimes, the markets remain appealing to foreign insurers. Philip Bulgin, RSA's head of mergers and acquisitions in emerging markets, spoke to Francesca Nyman about Asian…
IAG boss Wilkins admits it may dump loss making UK business
IAG managing director and chief executive Mike Wilkins has said that now is an appropriate time to assess the options for the UK business, given the improvement in its performance and the current UK economic conditions.
AIG to divest shares in AIA in September
American International Group will sell its shares in Asian insurer AIA Group after a lock-up period expires in early September, Reuters has reported.
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches those 'for sale' rumours once and for all.
Canopius target Omega blames Bermuda non-renewals for GWP drop in Q1 2012
Omega Insurance Holdings has reported that group gross written premium in the first three months of 2012 totalled $120.6m (Q1 2011: $129.4m).
Top 10 news stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
HSBC rumoured to be considering exit from Indian JV
Rumours in the market suggest that banking giant HSBC may exit its Indian insurance venture.
Allianz hunts P&C acquisition targets
German insurer Allianz is considering property and casualty acquisitions, having a better grasp of future capital requirements for the business under Solvency II, according to reports.
Post Broking Supplement - 10 May 2012
Post's latest standalone supplement - focused entirely on the UK broking sector - is now available to subscribers as a digital and interactive e-book.
Markel CEO points to acquistion activity in Q1 results report
Markel bosses are celebrating an "all time high" on the firm's book values per share following a first quarter which produced a combined ratio improvement of 12% on Q1 2011 to 100%.
Post Broking Supplement: M&A top tips for brokers
Broker mergers and acquisitions are always a much debated topic. Stephanie Denton asked the experts what brokers should do to attract the right buyer if they are considering a potential sale this year.
Post Broking Supplement: The big issues for brokers
With the British Insurance Brokers' Association conference looming, brokers are warming up for the networking event of the year and their best opportunity to thrash out market issues. Post caught up with some of the biggest hitting national players to…
Interview: RSA's Simon Lee and Adrian Brown talk evolution not revolution
Simon Lee is the man charged with leading RSA to the next stage of its development. Alongside Adrian Brown, he discusses overseas expansion, the benefit of bolt-ons, and why RSA has a 'splendid' independent future ahead.
Aviva set to reap rewards of AJG swoop for IDL
Arthur J Gallagher International has today snapped up niche over-50s personal lines specialist Insure 4 Retirement from previous owner Equity. The deal boosts the premium per year being put through subsidiary OIM Underwriting by well over £100m in a…
RSA CEO Lee says Aviva-type deal would be "inherently risky"
RSA’s new CEO has insisted that it would shun major transformational deals because of the risk involved, while also insisting that it tends to walk away from bidding wars as these inflate acquisition prices.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
Editor's comment: The lure of Lloyd's
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international…
Ink acquires Indemnity Risk Solutions
Ink Underwriting has strengthened its position in the solicitor professional indemnity market through the acquisition of Indemnity Risk Solutions.
Bartleet snaps up Chesham
Bartleet Enterprises has acquired regional broker Chesham Insurance services.
County Insurance buys Whitchurch
Brand new consolidator County Insurance North West has bought its first broker - Whitchurch Insurance Services, a £1.1m GWP business based in Shropshire.