Broking group Moorhouse has made a u-turn on its traditional organic growth strategy and is looking to acquire an insurance broker with up to £5m gross written premium.
A successful merger of Cooper Gay and Swett & Crawford to create a $3.5bn (£2.4bn) independent broking giant would give the combined entity the critical mass to become a decent sized public company it has been claimed.
London-based independent wholesale, reinsurance and specialist retail insurance broker Cooper Gay and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions to create what they claim would be the world's largest…
International screening and security solutions business Altegrity is to acquire risk consulting firm Kroll from US giant Marsh & McLennan in an all-cash transaction valued at $1.13bn.
Plum Underwriting has announced a raft of changes to the business as part of 'aggressive' growth plans, first announced in March.
Zurich has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer focused on the distribution of group and individual life and health plans.
Welsh broker Moorhouse has outlined a plan to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium.
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
Engineering intermediary Bridle Insurance has acquired Welsh broker Associated Householders Services.
Generali may be interested in buying the AIG Asian unit, according to Italian newspaper reports.
Personal lines specialist Hastings Direct has become the latest broker to receive third-party capital after agreeing to a £20m cash injection from Lloyds TSB Corporate Markets.
Katherine Blackler talks to John Berger, former chief executive officer at Harbor Point, who, since his company's merger with Max Capital, has become vice-chairman of the board of directors and CEO of the new entity's reinsurance arm.
In the wake of the deal between Max Capital and Harbor Point, Seb Kafetz looks at whether bigger is really better in Bermuda.
Our roundup of readers' opinions reveals that rates are steady, though we may yet see the market turn this year.
Capita has outlined plans to retain the staff of Premier Medical Group following its £60m acquisition of the company last week.
Prudential has said the collapse of its $35.5bn takeover of AIG’s Asian unit will cost it about £450m ($660m).
The first quarter of 2010 has been “unremarkable” for European financial services activity but “hot beds” of activity are starting to emerge, PricewaterhouseCoopers has claimed.
Insurance broker Bluefin has announced the acquisition of St Albans-based intermediary Gilbert Insurance Brokers.
Invicta Insurance Services has made four further acquisitions, following its swoops for Williams Insurance Services and Lowe Insurance earlier this year.
SCM Insurance Services will enter discussions with Axis Claims Pro to consider the purchase of its international arm "within a month".
This year has seen only a steady drip of merger and acquisition activity, rather than a flurry, something that was noted by Pricewaterhouse Coopers in its European Financial Services M&A Insight published yesterday.
London market broker BMS is set to make a number of acquisitions and team hires as part of plans to double its business by 2015.
US broking giant Arthur J Gallagher has announced the acquisition of London-based Risk & Reward Group. Terms of the transaction were not disclosed.
Axa Asia Pacific Holdings and National Australia Bank have today agreed to extend until 15 July an agreement relating to the conclusion of a proposed transaction between the parties.