Mergers & acquisitions (M&A)
Life insurers are the “dinosaurs of the 21st century,” warns Snowball
Suncorp group chief executive Patrick Snowball, the man who previously ran Aviva’s UK operation, has warned life insurers they could die out unless they innovate and change.
CCV makes four further acquisitions
Cullum Capital Ventures has taken its acquisition total to nine for 2010, after the firm picked up four businesses in September.
RSA acquires GCAN Insurance
RSA Insurance Group has announced the acquisition of GCAN Insurance Company.
LFC makes regional acquisition
LFC Insurance Group, the Essex-based commercial brokers, has today completed its second acquisition in the past two months.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.
Postscript - 20 years ago: Job loss threat for aviation staff
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.
Capita acquires First Assist Services
The Capita Group has announced that it has acquired First Assist Services for a cash consideration of £12.5m on a cash-free, debt-free basis.
Hyperion agrees Accette Insurance Group purchase
Hyperion Broking Group has agreed to acquire Singapore’s Accette Insurance Group.
Brightside broking chairman outlines acquisition strategy
Brightside has confirmed it is considering going on the acquisition trail as the group recorded a pre-tax profit of £4m for H1 2010.
Hyperion shows Asian intent
Post has learnt that a subsidiary of Hyperion Insurance Group has reached an agreement to acquire an independent insurance broker in a move that will significantly increase the company’s presence in Asia.
Future market challenges: After the storm
Amid the unprecedented economic pressures and turbulence of recent years, the insurance industry has performed admirably. Now Mark Winlow urges companies to concentrate on the key catalysts for change and understand the consequences their responses will…
Munters takeover moves step closer
Disaster restoration specialist Munters Group is poised to be taken over after its two major shareholders agreed an offer from Alfa Laval AB is "not unfair".
BLG integrates former Halliwells staff into Manchester operation
Barlow Lyde & Gilbert has expanded to fill a further four floors of its existing premises in Chancery Place, Manchester, following the arrival of 18 partners and over 200 staff from Halliwells in July.
Allianz outlines Swiss disposal plan
Allianz Suisse has agreed to sell its subsidiaries Alba Allgemeine Versicherungs-Gesellschaft AG, Phenix Versicherungsgesellschaft AG and Phenix Lebensversicherungsgesellschaft AG to the Helvetia Group.
Munters takeover moves step closer
Disaster restoration specialist Munters Group is poised to be taken over after its two major shareholders agreed an offer from Alfa Laval AB is "not unfair".
NPA completes Noyce Livett acquisition
NPA Insurance Broking Group has acquired Aylesbury-based intermediary Noyce Livett.
Monte Carlo preview - Destination: Monaco
Reinsurers viewing customers as commodities - Barbican.
Gallagher acquires SBA
Gallagher International has acquired Australia-based natural resources risk management provider Specialised Broking Associates for an undisclosed sum.
BIS 2010: M&A activity predicted to increase as Solvency II takes hold
Pressures arising from compliance with Solvency II may instigate a wave of M&A activity, a panel of leading industry figures has predicted.
Brit shareholders set to accept new Apollo bid
Brit Insurance shareholders are expected to accept a renewed offer to buy it outright from Apollo Management, after the investment company secured the backing of CVC Partners.
BIS 2010: Towergate's Blanc underlines issues faced by IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching IPOs in the current financial market.
NMJ acquisition moves to Open GI
NMJ Insurance Brokers, has selected Open GI as the IT partner of choice for their most recent acquisition.
Fitch places Brit on Rating Watch Negative
Fitch Ratings has placed Brit Insurance's Insurer Financial Strength rating of 'A' on Rating Watch Negative.