Mergers & acquisitions (M&A)
Policyfast enters Lloyd’s after acquisition of SP
Wholesale broker Policyfast has entered Lloyd’s after being granted coverholder status and acquiring an underwriting team from Stevenson Price.
M&A - Insurance business transfers: Back in fashion?
With a number of restructurings set to happen, Bruno Geiringer asks whether insurance business transfers could be ready for a resurgence.
Kwik Fit fan Smith hails the potential of £215m broker deal
Fortis UK has secured access to the Kwik Fit group's database of motor repair customers as well as the brand for a minimum of 10 years as part of its £215m acquisition of its insurance intermediary arm.
Policyfast enters Lloyd's
Wholesale broker Policyfast has achieved Lloyd's cover holder status.
Post Europe - Mergers and Acquisitions – due diligence
The tough economic climate has put many European mergers and acquisitions on hold but despite a thaw being seen on the horizon David Perla explains due diligence is more important than ever when joining two firms.
London market focused on M&A
Expansion, growth and mergers are highest on a list of issues of most concern to London market brokers and carriers, according to a recent survey.
Insurance Insight - Mergers and Acquisitions – due diligence
The tough economic climate has put many European mergers and acquisitions on hold but despite a thaw being seen on the horizon David Perla explains due diligence is more important than ever when joining two firms.
CCV buys Bishop Skinner
Cullum Capital Ventures has completed its fifth acquisition of the year, with the purchase of Newcastle based broker, Bishop Skinner.
Brit rejects £10.50 share bid
The board of Brit Insurance has posted an update on the progress of its sale negotiations with private investment firm Apollo Global Management.
Fortis confirms acquisition of Kwik Fit insurance business
Kwik Fit Group today announced that it has entered into a binding agreement to sell its UK insurance business to Fortis UK in a £215m cash deal.
Canopius completes KGM deal
Canopius Group today confirmed that it has acquired the business of KGM Underwriting Agencies, which manages Syndicate 260, together with approximately 60% of Syndicate 260's capacity.
Halliwells wants takeover
Halliwells has filed for court permission to appoint an administrator as it looks to secure a takeover by Hill Dickinson.
Halliwells confirms talks
Halliwells has confirmed it is in "advanced discussions" regarding transfering the business to another law firm.
Lloyds TSB provides Henderson with £4.5m boost
Henderson Insurance Brokers secured a £1m finance facility to aid its acquisition of Denny O’Hara, the Leeds-based insurance broker, its new banker has also revealed.
Hannover Re admits interest in Aegon unit
German reinsurer Hannover Re has expressed a slight interest in a potential acquisition of the reinsurance business of Dutch insurer Aegon, a spokeswoman for Hannover Re told news agency DPA-AFX.
Credit Suisse tips RGA or Munich Re for Aegon unit buy
Munich Re and RGA have been named as potential buyers of Dutch insurer Aegon's Transamerica Reinsurance unit, Credit Suisse analysts said on Wednesday.
Axa UK unveils board shake up
Axa UK has unveiled a board shake up in the wake of the sale of its traditional life and pensions businesses.
Canopius confirms KGM talks
Canopius, the largest privately owned Lloyd's insurer, has confirmed it is in talks to acquire up-for-sale motor underwriter KGM.
Postscript - 10 years ago: No more acquisitions for Marsh
Looking through Post's back catalogue paints a unique picture from more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Canopius confirms KGM interest as Lloyd's deadline approaches
Canopius, the largest privately owned Lloyd's insurer, has confirmed it is in talks to acquire up- for-sale motor underwriter KGM, with the deal expected to be completed within a fortnight.
Xchanging in Italian swoop
Xchanging has signed a letter of intent with SIA-SSB, the European specialist in financial and payment systems services, to form an Enterprise Partnership.
Xchanging in Italian swoop
Xchanging has signed a letter of intent with SIA-SSB, the European specialist in financial and payment systems services, to form an Enterprise Partnership.
Brit shareholders would back improved Apollo bid, claims report
Brit Insurance shareholders would reportedly back an improved bid by Apollo, the US private equity house, if one is forthcoming.
Brit shareholders would back improved Apollo bid, claims report
Brit Insurance shareholders would reportedly back an improved bid by Apollo, the US private equity house, if one is forthcoming.