Mergers & acquisitions (M&A)
Perseverance prepares to exit UK insurance market
Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.
Biba 2011: Brokers back Biba and IIB as merger revealed
Moves by the British Insurance Brokers' Association and the Institute of Insurance Brokers to merge have been overwhelmingly backed by brokers.
Barbon trading platform on track for a summer launch
Barbon Insurance Group is now "weeks away" from launching its wholesale broker online trading platform via property business Keelan Westall.
Editor's comment: All action, no talk
Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…
Post history - Five years ago: Colosso gives staff advice on takeover
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Giles rebuffs claim that growth dependent on acquisitions
Giles Insurance Brokers has stated its growth "does not depend on acquisitions" as it recorded an operating loss of £6.5m (2009: £8.4m profit) for the year ended August 2010.
RSA plans to 'dominate' marine after niche buy
RSA's acquisition of niche marine broker Noble Marine is part of a plan to dominate the UK marine market, according to marine director Richard Turner.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Gallagher's crashes UK top 10 broker table with £97m Heath swoop
Arthur J Gallagher has confirmed it has completed the acquisition of Heath Lambert in a £97m cash deal.
Aon expands Irish operations with risk consulting practice
Aon Risk Solutions is expanding its presence in Ireland, with the opening of a branch of its global risk consulting business.
Interview - Tim Coles: up and at it
After serving in the army, Tim Coles, chief executive of Howden, found fresh excitement in the world of insurance. Mairi MacDonald talks to him about the company's unique attitude and his plans to grow the business further.
Insure & Go ditches home and motor to push travel ambition
Mapfre-owned online travel provider Insure & Go has ceased writing home and motor business ahead of a global roll-out of its direct travel insurance model.
Hyperion aims for £200m target by 2014
The development of a general commercial retail broking operation in the UK will play a major role in Hyperion Group becoming a £200m business by September 2014.
Biba 2011: Video - Biba Today: Potential Biba and IIB merger – what the delegates think
As the British Insurance Brokers' Association conference in Manchester digested the news of a possible merger between Biba and the Institute of Insurance Brokers, Post and Insurance Age asked delegates what they thought of the news.
Exam Works extends UK presence with Premex acquisition
Premex Group has been bought by international medical examinations provider Exam Works in a deal that is thought to be worth £66m.
Biba 2011: The IIB/Biba merger in context - more than a coalition of convenience?
With the announcement from British Insurance Brokers’ Association chairman Patrick Smith that the trade body is in talks that could lead to a full merger with the Institute of Insurance Brokers, Jonathan Swift looks at why the move now makes sense.
Editor's comment: tying the knot
The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.
Post blog: A smaller catch after the one that got away
With many in the insurance market taking advantage of the double bank holiday whammy you would have thought the past week would have been a good time to bury bad news.
Towergate hints at global acquisition plans in 2011
Towergate Insurance Group has not ruled out an acquisition outside the UK before the recently refinanced consolidator achieves its long-term goal of flotation.