Mergers & acquisitions (M&A)
First RSA, now Axa is linked with Aviva swoop
Aviva's share price has continued to rise today despite its rejection of RSA's £5bn bid amid speculation that others may be interested.
RSA still "open" to Aviva talks claiming its £5bn offer is "fair value"
RSA has said it "remains open to discussions" with Aviva, despite the group's rebuttal of its £5bn offer.
NMJ Insurance Brokers strikes again
NMJ Insurance Brokers has announced its second acquisition following the purchase of Ridge Insurance in January 2010.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.
Aviva took days to reject RSA's "unacceptable" £5bn GI business offer
Aviva took ten days from receiving a £5bn offer from RSA to rejecting it, the insurance group admitted today.
Aviva shares up on RSA bid speculation
Aviva shares gained 16.10 pence (4.3%) in the first two and a half hours of trading this morning.
RSA snubbed in £5bn move for Aviva GI business claims report
RSA has made a £5bn approach to acquire Aviva's UK and selected international general insurance businesses, according to reports.
RSA snubbed in £5bn move for Aviva GI business claims report
RSA has made a £5bn approach to acquire Aviva's UK and selected international general insurance businesses, according to reports.
Willis appoints new MD to global placement unit
Willis Group Holdings has appointed former Marsh broker Alastair Burns as managing director of its Insurance Facilities Practice.
Fitch: "immature" Russian insurance sector impacted by weak capital adequcy
Russian insurers' ratings will continue to be constrained by the poor reserving and pricing risks that became apparent in 2009, as well as by the challenges of the current operating environment.
Parabis: insurers hit by investment cuts
Claims management firm Parabis is set to offer motor claims investigation services to insurers following the acquisition of Liverpool-based firm Motor Investigation Agency.
Postscript - 10 years ago: CGNU turns back on big risk business
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Penny Black's insurance week
Penny congratulates Neil Utley on his wedding in the grounds of his Cambridgeshire home at the weekend.
BIS countdown - Douglas Williams: Speaking economically
With a track record in successfully predicting the economy, Douglas McWilliams gives Jonathan Swift his current forecast.
News analysis - accounting changes: A new standard
Afer a decade of delay, a truly international accounting standard for insurance contracts appears to be taking shape. Neil Coulson details the latest developments.
Brokerbility member acquires South West broker
Marsh and Co, a member of the Brokerbility Group, has acquired Regency Commercial Insurance Brokers in Weston-super-Mare.
Medicals Direct appoints new MD
Medicals Direct has recruited an ex-Nuffield Health director, Charles Percy as managing director of MDG Healthcare, with the key objective of ensuring the Group derives maximum benefits from its recent acquisitions.
Autofocus snapped up days after going into administration
SG Consultancy has today announced the purchase of spot hire rate evidence providers Autofocus, following the company entering into administration.
Fortis gets FSA go-ahead for Kwik Fit Insurance takeover
Fortis today confirmed that regulatory approval for the purchase of Kwik-Fit Insurance Services has been given by the Financial Services Authority.
Postscript - five years ago: Towergate in VC launch for insurance
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
JLT CEO: 'we will be doing the acquiring'
Jardine Lloyd Thompson has pledged to invest in its Asian operations after posting strong international growth in its half-year financials.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.