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Mergers & acquisitions (M&A)

Editor's comment: Consolidation casualties coming?

The specifics of what went wrong at North West personal injury firm Donns - forcing it into administration at the cost of 42 jobs, while 2500 cases were still in progress - will remain the subject of speculation for some time.

CNA to acquire Hardy

US commercial insurer CNA is to acquire Lloyd's insurer Hardy Underwriting.

Generali sells 69.1% of Israeli Migdal for €835m

The Generali Group has agreed to sell its entire 69.1% holding in Migdal Insurance and Financial Holdings to Shlomo Eliahu, founder and controlling shareholder of the Israeli financial Group Eliahu.

Markel buys Quay to launch into fine art

Markel International is to launch a fine art and collectibles niche range after buying Dorset managing agent Quay Underwriting's portfolio of business.

Axa buys into HSBC's insurance arm

Axa is said to have bought at least a stake in the non-life insurance business of HSBC and is expected to disclose the transaction details this week.

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