Mergers & acquisitions (M&A)
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.
Insurers lined up to buy Danish bank
A consortium - including insurers - has agreed a deal to buy Danish bank FIH Erhvervsbank A/S for DKK 5.0bn.
MDS acquires Brazilian broker
Iberian and Latin American insurance broking group MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência.
MDS acquires Brazilian broker
Iberian and Latin American insurance broking group MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência.
Apollo and CVC make new offer for Brit
Brit Insurance has received a new offer of £10.75 per share on cash from a consortium consisting of Apollo Management and funds advised by CVC Capital Partners.
Quinn sale deadline nears
The deadline for expressions of interest in Quinn Insurance expires this evening, according to reports.
Collins Stewart: main reinsurance markets will continue to soften
Collins Stewart hosted a call with Alistair Lockhart-Smith, MD of JLT Re, for feedback from Monte Carlo on Thursday afternoon.
BIS Countdown - finance raising: Back on the menu
With only a week to go before the inaugural British Insurance Summit, Seb Kafetz explains how the appetite for financing insurance ventures is alive and well despite continued economic turbulence.
Oval buys media specialist
Oval has acquired media insurance broking specialists O'Neill and Bramwell.
Randall & Quilter buy from Guy Carpenter
The Board of Randall & Quilter has announced that, subject to regulatory approval, the group has agreed to acquire the Reinsurance Solutions Limited businesses’ from Guy Carpenter and Marsh for $10m in cash.
Blackham: no plans to raid Bluefin for Endorphin staff
Chris Blackham has insisted he has no specific plans to raid Bluefin for staff, despite his new firm appointing a former Bluefin executive to a senior operational role.
Ward confident on ATE despite Jackson
The after-the-event insurance market is "here to stay", despite proposals laid out by Lord Justice Jackson, according to Abbey Protection.
Bluefin assists two network members seal acquisitions
Broker Partnership Services, a division of Bluefin Insurance Services, has added twelve new partners to the network in the first half of this year including a firm in the Isle of Man.
Parabis Group swoops for loss adjuster Carmichaels
Parabis Group has acquired a controlling stake in property specialist Carmichaels to complement its existing niche subsidiary, Argent Liability Adjusters.
Postscript - 10 years ago: Alex Forbes buys parts of Bradstock
Looking back 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.
Post in print - 2 September 2010
Post reporter Amy Ellis outlines the main news from this week's issue of Post.
Argent confident over deal for rival adjuster
The man charged with overseeing the integration of loss adjusters Argent and Carmichaels has insisted the merger will succeed where similar deals have faltered.
Axa names new finance director
Waseem Malik, Axa's former head of M&A, has been appointed to the role of finance director at the insurer.
R&Q profits hit $3.6m
Randall & Quilter's income rose 52% to £16.1m in the first six months of the year, up from £10.6m in the first half of 2009. The company's profit before tax was £5.8m (2009: £1.2m) and basic earnings for each share are 6.9p (H1 2009: 1.7p). The insurance…