Mergers & acquisitions (M&A)
Integro snaps up Lloyd's broker CSWH
International insurance broker and risk management firm Integro has acquired Lloyd’s broker Croton Stokes Wilson Holden.
Aviva sells Irish health business
Aviva has sold its Irish health business to Irish Life, with the transaction set to close by Q3 2016.
Sompo Canopius mulling sale of motor business KGM
Sompo Canopius is considering the sale of KGM, its UK motor insurance business.
PMI consolidator Chase Templeton completes fourth 2016 acquisition
Private medical insurance consolidator Chase Templeton has completed its fourth acquisition of the year with the purchase of Wellbeing Health Insurance.
RAC buys Nebula Systems to boost telematics offering
RAC has acquired vehicle data company Nebula Systems, a deal the breakdown assistance provider said will boost its telematics offering.
Broker M&A Advice: A wise head
When it comes to a major strategic business decision, it is understandable brokers want some hand-holding. But who is best placed to provide professional advice and how much will it cost?
Plum Underwriting buys R&Q MGA Synergy
Plum Underwriting has acquired specialist high-net-worth managing general agent Synergy Insurance Service from Randall & Quilter.
Britannia and UK P&I Club in merger talks
The boards of the Britannia Club and the UK P&I Club have entered into merger talks.
PIB acquires Cooke & Mason
Private equity-backed PIB Insurance Brokers has continued to grow through the acquisition of Nottinghamshire-based commercial insurance brokers Cooke & Mason.
C-Suite - Broker: Heading in the same direction
A number of factors need to work together to help businesses through the M&A minefield.
Negative outlook for reinsurance market
Ratings agency Fitch has maintained a negative outlook for the reinsurance sector, with anticipated further premium price falls and low investment yields contributing to the forecast.
Blog: Does the idea of Google parent Alphabet buying AIG have legs?
Earlier this week Citigroup analyst Todd Bault triggered a number of headlines and healthy amount of debate by suggesting that AIG should be acquired by Google’s parent company Alphabet.
Legacy specialist acquires in Norway
Reinsurance legacy specialist Compre has acquired the marine and energy legacy portfolio of a leading Norwegian insurer.
Manchester broker John Reynolds Group bought by Henderson
Henderson Insurance Group has acquired of 100% of the share capital of The John Reynolds Group and subsidiaries.
Brit to lead US partner to $175m capacity
Brit will help increase capacity at US-based Ambridge Partners to $175m (£120m), with the specialty insurer acting as lead partner to increase Ambridge’s transactional liability facility.
Towergate's Nathan takes on Primary Group role
Former Towergate Underwriting CEO Clive Nathan is to join Primary Group leading its investment in specialist underwriting and distribution across the UK and Europe.
PIB reels in Fish Insurance from Capita
PIB Insurance Brokers has made its first acquisition since The Carlyle Group’s capital injection, with the group buying specialist Fish Insurance from Capita.
Gallagher to snub 'major' deals in 2016 and may raise up to £300m from debt markets
Arthur J Gallagher chairman, president and CEO Patrick Gallagher Junior has today said the firm has no “large deals on its plate” and that any buys would be “tuck in” ones.
Abbey snaps up NI competitor Open and Direct from Swinton
Northern Irish independent intermediary Abbey Insurance Brokers has completed the acquisition of the Open and Direct business from its current owners Swinton Group.
County Group snaps up North Wales broker
The County Group has completed its fourth acquisition in seven months with the purchase of Denbigh-based broker George Williams Insurance Services.
RSG completes purchase of MGA George & Partners
Ryan Specialty Group has acquired specialist managing general agent Hunter George & Partners.
Demand for M&A assets to outweigh supply, survey finds
Competition for attractive insurance industry merger and acquisition targets is set to intensify in the next three years as more than 80% of insurers plan to acquire while only one third plan to divest, a Willis Towers Watson survey has found.
RKH Specialty draws up surety plans following PMG acquisition
Hyperion Insurance Group has acquired independent specialist surety broker PMG Financial Services, subject to regulatory approval.
Cobra eyes further deals following purchase of Croydon broker
Cobra Holdings has acquired Croydon-based independent commercial broker Robert Edward Southern.