Mergers & acquisitions (M&A)
Medicals Direct Group takes annual turnover to £25m
The North London-based medical services solutions provider has acquired three companies operated by a competitor.
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
Interview - Arron Banks: The bright side of life
The rumour mill has been in overdrive regarding Brightside over the past 12 months. Daniel Dunkley talks to founder and insurance director Arron Banks about the broker's distinctive approach to the market.
Two more employees leave Aon to head to Bluefin
Two more people have left Aon for Bluefin to form part of its new real estate division, Post has learnt.
Marsh to take $600m hit on Kroll disposal
The Financial Times reports The Carlyle Group, Apax Partners and General Atlantic have all entered bids by the deadline for first expressions of interest in late February.
Bluefin set to make six acquisitions
Axa-owned broker also reveals it expects to make “many more” acquisitions in coming months, targeting the East Midlands, South West, Wales, and Northern Scotland.
Questgates completes integration of new liability adjusting businesss
Questgates has completed the integration of the liability adjusting division acquired from Teceris Corporate and Complex Adjusting - part of Capita Group.
Interview: Ulrich Wallin, Hannover Re - German ambition
Since taking the reins at Hannover Re from Wilhelm Zeller in June last year, Ulrich Wallin has helped the German reinsurer grow both organically and through acquisition. He tells Katherine Blackler about his career, predictions for 2010 and plans for…
Prudential may exit some Asian lines after AIA swoop
Prudential may quit some countries in Asia should it seal the buy of AIG’s AIA, sources told newswire Reuters on Friday, allowing the bulked-up insurer to focus on key markets.
Alterra names new executives
Alterra, the new name for the newly-combined entities of Bermudian reinsurance rivals Harbor Point and Max Capital, has named its executives.
Max - Harbor Point merger won't lead to job losses - sources
The merger between Max Capital and Harbor Point won't lead to job losses in the Lloyd's market, market sources have told Reinsurance.
Harbor Point and Max Capital confirm merger
Bermudian reinsurers Max Capital and Harbor Point have confirmed their merger.
Alway: SBJ experience makes Capital Z a good investor
Jelf has outlined plans to use funds from its share issue and a new debt facility to fund a renewed acquisition drive.
Moody’s affirms Prudential’s Aa2 rating
Moody’s has reaffirmed Prudential’s Aa2 financial strength rating following the announcement that it plans to acquire American International Assurance Company.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
AIG confirms AIA sale to Prudential
AIG has confirmed the sale of its AIA unit to Prudential for $35.5bn.
Clear establishes second base after buy
Independent intermediary Clear Insurance Management has created its first satellite office, after completing its purchase of Lynas Vokes Insurance Brokers.
Pick of the week
Post reporter Amy Ellis outlines some of the major stories from this week's issue of Post Magazine.
Lloyd's broker expands overseas footprint with acquisition
Windsor has completed a deal for the minority interest in BGH Risk Solutions, a liability broker that operates in Canada, New Zealand and Australia.
Towergate boss Cullum hails John Charcol swoop as a "perfect fit"
"To have the leading high net worth mortgage broker in the group gives us a huge opportunity to provide mortgages to our high net worth customers and SME owners," he added.
Towergate buys John Charcol
Towergate's financial services arm has finalised a deal to acquire mortgage broker John Charcol, Post understands.
Fairfax acquires Zenith
Fairfax, the acquisitive financial holdings company, has bought US workers compensation insurer Zenith for $1.4bn.
Broker targets £40m turnover after MBO
Leicester-based broker Brett & Randall has set a target of doubling its turnover to £40m by 2015 following completion of a management buy-out.
Esure to stop underwriting Halifax policies
Esure will cease to underwrite Halifax's motor policies after it was bought out by founder Peter Wood from majority stakeholder Lloyds Banking Group in a £185m deal.