Mergers & acquisitions (M&A)
RSA disposes of £834m UK legacy book
RSA has agreed to dispose of UK legacy insurance liabilities worth £834m to the Bermuda-based Enstar Group.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
Finch acquires County Insurance Services
Finch Group has acquired its second independent broker of the year with the capture of County Insurance Services.
Post Power List 2017: Andrew Kendrick
Senior vice-president of group and president for Europe, Chubb
Post Power List 2017: Stephen Hester
Group CEO, RSA
Post Power List 2017: Mark Weil
CEO, Marsh UK & Ireland
County Group continues acquisition spree with Thompson Brothers capture
The County Group has acquired Thompson Brothers Insurance Consultants for an undisclosed fee.
QBE denies £12.1bn Allianz takeover bid
QBE said there was “no basis” to reports it is in talks on a £12.1bn takeover bid from Allianz.
Davies confident of growth strategy under new majority owner
Davies' new private equity backer, HGGC, will allow the claims service provider to continue with its growth plan.
Davies Group gets new equity backer
US private equity firm HGGC has taken a majority stake in Davies Group.
Towergate vows to ‘drive out inefficiency’ with £40m investment
Towergate will spend the majority of the £40m it will raise through a rights offering on “driving out inefficiency”.
Towergate to receive fresh investment from shareholders
Towergate will receive £40m in additional investment through a rights offering.
DWF saves Triton on day of administration
Law firm DWF acquired Triton on the day that the multidisciplinary organisation went into administration.
PIB continues acquisition spree with York broker capture
PIB has confirmed the acquisition of York-based broker D E Ford.
Compre buys W&W's Ridgwell Fox legacy business
Compre is to acquire Wüstenrot & Württembergische's share of the Ridgwell Fox pool legacy reinsurance business.
DWF secures 215 jobs through Triton purchase
Manchester-based Legal firm DWF has acquired Triton from its administrators, saving 215 jobs from the multi-disciplinary practice.
Neon boosts capacity to £75m for M&A consortium
Neon has bolstered capacity in its M&A consortium, with available capital increasing from £50m to £75m.
Four insurance law firms form global network
DAC Beachcroft has joined three other insurance law firms to make a global network.
Knowles takes on parent company name
Knowles Loss Adjusters has rebranded to Charles Taylor General Adjusting Services.
Thailand opens up insurers to 100% foreign acquisitions
Foreign insurers can now buy up to 100% of Thai insurers' shares following a decision from the Thailand Finance Minister.
Venture Insurance purchases Poole Martin
Venture Insurance has purchased Poole Martin which will see the company placing premiums of £13m per year.
Compre takes on RW Gibbon legacy book
Insurance and reinsurance legacy specialist Compre has acquired a legacy business portfolio from Swiss Re International.