Mergers & acquisitions (M&A)
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.
PwC: “Well known names” in Rok due diligence
Rok administrator PricewaterhouseCoopers has announced that several “well known” companies are undertaking due diligence with a view to purchasing the beleaguered repairs firm.
Crawford & Company set to buy Italian firm
Crawford & Company Italia is in talks to acquire specialist liability adjusting firm Studio Bolton & Associati.
Aussie giant Wesfarmers stalks Barbon in UK push
Wesfarmers is poised to become the latest Australian financial services giant to make a serious play for the UK market with a sizable acquisition.
Editor's comment: Rok's troubles raise issues
The news this week that building firm Rok had filed for administration will certainly have raised some questions among the insurance fraternity.
Towergate considers legal action over staff defections
Towergate is mulling legal action over a team of former employees that have left its Hertfordshire operation to join a local rival.
Post in print - 11 November 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Cullum snares BIB businesses
Cullum Capital Ventures has completed the acquisition of two businesses in the North east of England.
Aviva pays £104m for minority stake in insurer
Aviva has exercised its option to buy out the stakes held by the minority shareholders of Société d’Epargne Viagère, a French life insurance company in which Aviva already has an 83.7% equity stake.
Aviva pays £104m for minority stake in insurer
Aviva has exercised its option to buy out the stakes held by the minority shareholders of Société d’Epargne Viagère, a French life insurance company in which Aviva already has an 83.7% equity stake.
Towers Watson acquires EMB
Towers Watson has acquired general insurance and actuarial consulting company EMB.
Qatar Insurance Services buys RI3K
London market technology provider RI3K has been bought by Qatar Insurance Services, parent of technology-based trade fulfilment system Qatarlyst.
BP Marsh seeks to expand broking portfolio with loan
Venture capital firm BP Marsh is poised to grow its insurance interests, after agreeing a £4.3m loan with its directors.
Barbon secures first broking acquisition since rebrand
Barbon Insurance Group has bagged its first acquisition in the broker market after acquiring a Devon-based lettings specialist.
News analysis - RSA's emerging markets strategy: On the way up
The major UK insurance groups are currently setting out their stalls with regards to emerging markets. Mairi MacDonald met up with RSA's Paul Whittaker and Paul Holmes in Dubai to get the lowdown on its plans for this sector.
Advantage withdrawal causes concern to rivals
AA Insurance has expressed disappointment at Hastings Insurance Service's announcement that its major insurance partner, Gibraltar-based Advantage, is to cease writing external business.
Lloyd's broker THB sells motorsport division in MBO
The board of specialist insurance and reinsurance broking group THB Group today said it had reached agreement to sell THB Clowes to the Lloyd's broker Ellis Clowes & Company, headed by Karen Ellis.
Antur purchases Welsh broker
Welsh broker Antur Insurance has acquired Barry-based broker DW Burrrows after forming an associate partnership with the intermediary last year.
BLS Insurance Brokers makes first acquisition
Lancashire based BLS Insurance Brokers has confirmed its first acquisition since commencing trading in June 2010, swooping for Bury-based Goodwin Best Insurance Brokers.
Aviva CEO Andrew Moss defends composite model - again
The chief executive of Aviva has again reiterated its support for its composite model approach as the insurer published its nine month results.
Mapfre swoops for Insure & Go
Travel insurance specialist intermediary Insure & Go has been acquired by its underwriter Mapfre.
Randall & Quilter completes acquisition
Randall & Quilter has completed its acquisition of Reinsurance Solutions Limited, Reinsurance Solutions LLC and various other related assets and liabilities from Guy Carpenter & Company, LLC and Marsh Limited.
Apax Partners interested in Moneysupermaket acquisition
Private equity investment group Apax Partners has targeted comparison site Moneysupermarket as a potential acquisition.