Mergers & acquisitions (M&A)
M&A values up 170% as priority turns to capital optimisation
Merger and acquisition activity rebounded in 2017 with completed deal values increasing 170% in the first half of the year, according to Willis Towers Watson.
Exceptional items put UK General in the red in 2016/17
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.
Amazon to participate in funding round for Indian insurtech - reports
Amazon is closing an investment in Indian insurtech start-up Acko, according to reports.
Stackhouse Poland acquires Caprica Healthcare
Stackhouse Poland has acquired Caprica Healthcare.
This month in Post: Power, transformation and the rise of the machines
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
Sompo International buys Lexon Surety
Sompo International has acquired Lexon Surety Group, the second largest independent surety insurer in the United States.
Qatar Re to acquire Markerstudy's Gibraltar-based insurance companies
Qatar Reinsurance Company Limited has signed a deal to buy Markerstudy’s Gibraltar-based insurance companies, subject to regulatory approval.
Broker J Bennet & Son acquires Mathews Comfort & Co
Brokerage J Bennet and Son has acquired Oxford-based Mathews Comfort & Co for an undisclosed sum.
Higos makes fourth acquisition in nine months
Higos Insurance Services has completed the acquisition of GMM Commercial Insurance Services, marking its fourth deal in nine months.
Private equity firm acquires majority shareholding in Miles Smith
Private equity firm Pollen Street Capital is set to acquire Miles Smith.
'Business as usual' for Endsleigh following acquisition
A-Plan has no plans to change the direction of Endsleigh following its acquisition of the business.
A-Plan to acquire Endsleigh
A-Plan will acquire Endsleigh from Zurich for an undisclosed sum.
R&Q acquires Guernsey captive for £1.5m
R&Q has acquired Guernsey-based captive insurer Constantia Insurance Company, which is currently in run-off period from Old Mutual.
Post Power List 2018: Mark Weil
CEO, Marsh UK & Ireland
Post Power List 2018: David Ross
CEO, The Ardonagh Group
Post Power List 2018: Colm Holmes
CEO of general insurance, Aviva UK
Post Power List 2018: Bubbling under - Alan Schnitzer
CEO, Travelers
Post Power List 2018: Bubbling under - Kengo Sakurada
Group CEO representative director, president and executive office, Sompo Holdings
Post Power List 2018: Grahame Chilton
CEO, Arthur J Gallagher
Post Power List 2018: Dominic Christian
CEO, Aon UK
Post Power List 2018: Jon Dye
CEO, Allianz Insurance UK
Zurich acquires telematics firm Bright Box
Zurich has acquired connected car specialist Bright Box.
Allianz-LV merger deal gains regulatory approval
Exclusive: Allianz and LV have secured regulatory approval for a joint venture that will create the UK’s third largest personal lines insurer.
Davies makes TLSS its fifth 2017 acquisition
Davies Group has acquired specialist motor specialist Total Loss Settlement Services.