Mergers & acquisitions (M&A)
Quinn Anglo takeover plans emerge
Details of the Quinn family’s discussion with Anglo Irish Bank over a possible joint takeover of Quinn Insurance have emerged in the Irish press.
Quinn Anglo takeover plans emerge
Details of the Quinn family’s discussion with Anglo Irish Bank over a possible joint takeover of Quinn Insurance have emerged in the Irish press.
2011 tipped to finally see an upturn in Lloyd's M&A action
Takeover speculation among Lloyd's insurers look set to continue throughout 2011, after Canopius kicked off the year with an approach for rival Omega.
Quinn family: we are working with Anglo-Irish on Quinn Insurance bid
The Quinn family has defended its record in running Quinn Insurance, whilst claiming it is still in the running to buy the insurer in conjunction with Anglo Irish Bank.
Quinn family: we are working with Anglo-Irish on Quinn Insurance bid
The Quinn family has defended its record in running Quinn Insurance, whilst claiming it is still in the running to buy the insurer in conjunction with Anglo Irish Bank.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
Omega consults largest shareholder following Canopius bid approach
Lloyd's insurance group Omega has confirmed receiving an "unsolicited" approach from rival Canopius for the business.
Editor's comment: The foundations are laid
Looking back 12 months to the first leader column of last year, I mulled whether 2010 would be marked by a number of changes, not least a hardening of rates, more merger and acquisition activity and insurance IPOs.
Quinn Insurance will have new owner in a fortnight according to reports
The successful bidder for Quinn Insurance will be known within a fortnight according to reports.
Quinn Insurance will have new owner in a fortnight according to reports
The successful bidder for Quinn Insurance will be known within a fortnight according to reports.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
Hannover Re sells $200m Clarendon
Reinsurer Hannover Re has sold US subsidiary Clarendon Insurance Group to Bermuda-based company Enstar for $200m (£129m).
Tawa swoops for Oslo Re UK run-off business
Tawa has entered into a share purchase agreement to acquire 100% of the issued shares of Oslo Reinsurance Company (UK) from Oslo Reinsurance Company AS for a consideration of £4m.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
RBS Insurance sells broker arm Devitt to management team
RBS Insurance has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
Giles completes CJ Higgins purchase
Giles has acquired the insurance broking business of Northern Irish intermediary CJ Higgins & Co for an undisclosed sum.
Aon acquires Irish PI broker
Broking giant Aon has acquired Ireland-based online personal lines intermediary Insure.ie.
Aon acquires Irish PI broker
Broking giant Aon has acquired Ireland-based online personal lines intermediary Insure.ie.
Barbon: next acquisition will be big
Barbon Insurance Group's next acquisition target is likely to dwarf its earlier purchases, according to group managing director Nick Sharp.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
Loss adjusting – review of the year: Battling for talent
2010 has proved an interesting year for the loss adjusting sector, reports Leigh Jackson, with a number of new entrants and the issues of ethics and recruiting new talent coming to the fore.