Mergers & acquisitions (M&A)
Market conditions behind MD's departure
Insurer QBE has cited a shift in the market as the reason behind its reshuffle that saw property managing director Bernard Mageean depart the firm last week.
Transactional risks - Solutions: Coming of age
Companies with reinvigorated balance sheets are displaying renewed appetite for mergers and acquisitions. John McNally and Tim Allen detail how evolving transactional risk insurance solutions mean the market can meet their needs.
Foreign interest in UK firms rose over 2010
Interest from overseas in UK financial services and insurance companies has improved this year after the credit crunch caused investment and merger and acquisition activities to slow in 2009.
Interview - Bart de Smet: Return to fitness
Despite being one of the most high-profile casualties of the financial crisis, Ageas is now focusing on the future rather than the past. Jonathan Swift meets group CEO Bart De Smet to discuss its UK plans, acquisitions and why big is not necessarily…
Broking review of the year: A breakdown in momentum
2010 was a fairly low key year for the broking market, as the sector kept a low profile during the financial turmoil. Daniel Dunkley reports on the opportunities that were taken up and deals made.
Brokers face North-South divide over M&A activity – Post in print: 2 December 2010
Senior reporter Leigh Jackson outlines the main news from this week's issue of Post, which includes claims that brokers in the ‘resilient South’ are standing their ground when it comes to getting the price they want for a sale, creating a divide between…
Giles completes largest acquisition in its history
Giles Insurance Brokers has announced the acquisition of RA Rossborough Limited and its general insurance broking companies.
White Oak seals Daimler deal
Specialist motor and equipment underwriting agency White Oak Underwriting has acquired the Daimler Truck Financial physical damage and related insurance business in the US.
BGL purchases French comparison firm
BGL Group has acquired French insurance price comparison firm Courtanet.
BGL purchases French comparison firm
BGL Group has acquired French insurance price comparison firm Courtanet.
M&A - Internal communications: Getting the message across
With the mergers and acquisitions front hotting up in the insurance industry, Simon Barrow warns that communications with employees should top the agenda.
CEO Hodson agrees to stay on three more years at Oval
Oval chief executive Phillip Hodson has revealed the broker's immediate priority is "getting the business in the best possible shape" rather than seeking an IPO or trade sale.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
Towergate swoops for IFA's healthcare business
Towergate Healthcare, the risk healthcare insurance consultancy and a trading name of Towergate Underwriting Group, has today announced that it has acquired the healthcare business of IFA Origen Financial Services.
Willis North America appoints new chairman and CEO
Willis Group Holdings has confirmed the appointment of Vic Krauze as chairman and CEO of Willis North America.
Rabobank and Eureko unveil new operating agreement
Rabobank and Achmea's parent company, Eureko, have announced plans to are to "intensify" their commercial alliance.
QBE to acquire Ren Re for $275m
QBE is to acquire the US insurance operations of Renaissance Re.
Ageas keen to developKwik Fit's niche brands
Ageas UK chief executive Barry Smith has pledged to retain and expand Kwik Fit Insurance Services' niche operations as it seeks to widen the group's overall product footprint.
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
Interview - Wayne Felton: Building interest
If building firm Mitie's entrance into the insurance repair market had not caused enough stir, the decision of its largest rival, Rok, to enter administration has raised even more interest in Mitie's plans. Leigh Jackson met the firm's property solutions…
Towers aims to lead non-life consultancy
Towers Watson has outlined its ambition to become "number one" in the UK non-life consultancy market following its acquisition of EMB.
Zurich reiterates commitment to Spain despite $388m sale
Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.
Zurich reiterates commitment to Spain despite $388m sale
Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.
Hardy rejects Beazley's second bid
Hardy has rejected a renewed offer for all of its shares from Beazley.