Mergers & acquisitions (M&A)

Howden boosts GWP by 45% with PYV buy

Howden Broking Group has grown its gross written premium on its professional indemnity and directors’ & officers’ liability books in the UK from £35m to just over £50m with the acquisition of PYV.

Quinn sale to Liberty signed

The joint administrators of Quinn Insurance, Michael McAteer and Paul McCann of Grant Thornton, have announced the acquisition by Liberty Mutual, a joint venture between Liberty Mutual and JVNewco, of QIL.

Allianz rules out Part VII transfer

Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.

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