Mergers & acquisitions (M&A)
Giles and Oval integration cost Gallagher $25m in first half of 2015
The combined cost of integrating the Giles and Oval businesses cost Arthur J Gallagher $25m (£16m) in the six-month period ending 30 June 2015.
Partner Re agrees to Exor's $6.9bn all cash offer
Bermuda-based Partner Re has agreed to sell to Italian investment firm Exor after it made a $6.9bn (£4.4bn) all cash offer.
County Insurance boosts north west footprint with Chester acquisition
County Insurance has acquired broker Chester Insurance Services and expects to complete two further acquisitions this year.
Top 30 European Insurers: The cream of the crop
Post, in association with AM Best, has compiled a list of the top 30 European non-life insurers. How have the rankings changed since 2013 – and how have currency fluctuations changed the standings of those dealing primarily in US dollars?
RSA pushing for 600p per share offer from Zurich
RSA is said to be angling for a 600p per share price from interested purchaser Zurich - an increase on last week's reported price of 550p per share, according to reports.
Marsh completes SME Insurance Services purchase
Marsh has completed its previously agreed acquisition of Leeds-based commercial broker SME Insurance Services.
Helios grows capacity with two acquisitions
Helios Underwriting has acquired Lloyd's limited liability members Nameco and Kempton Underwriting for an aggregate price of £2.4m.
Vienna Insurance Group agrees Latvian deal
Vienna Insurance Group has agreed a deal to buy Latvian insurer Baltikums, subject to regulatory approvals.
Zurich share price drop blamed on 'destructive history of acquisitions'
The 2% fall in Zurich’s share price yesterday (28 July) against a backdrop of a marginal market-wide uptick has been attributed to the “destructive history of acquisitions in the insurance sector and Zurich specifically”.
JLT opens door to staff displaced by Willis-Towers Watson merger
JLT hopes to capitalise on the fallout from the Willis-Towers Watson merger by attracting staff displaced by the deal, according to deputy CEO Mark Drummond Brady.
Blog: Rating the likelihood of a RSA takeover from Allianz to Zurich
Fifteen years ago I remember going on a press trip to Munich which took in a number of meetings with Allianz's top brass.
Davies Group to acquire MSF
Claims service firm Davies Group Ltd has acquired Managed Fleet Services, the leading specialist defendant motor claims business.
Potential Zurich takeover of RSA 'good for the industry' and for both firms
A swoop by Zurich for RSA would be “good for the industry” and would suit both businesses, according to market commentators, despite the likely loss of the RSA brand and subsequent job cuts.
RSA advises shareholders against action in light of Zurich interest
The board of RSA has noted the announcement that Zurich is evaluating a potential offer for the insurer, but have claimed talks have yet to take place and has advised shareholders not to take any action at this stage.
Chinese investment firm buys Sirius International
Chinese investment firm China Minsheng has bought Sirius International Insurance for $2.24bn (£1.4bn) from White Mountains.
Hiscox in ongoing talks with PRA over stress test concerns
Hiscox is engaged in ongoing discussions with the Prudential Regulation Authority about concerns it has with its insurance stress test and is calling for a simulation of a large loss scenario to take place in the first half of 2016.
C-Suite - Insurer: When two worlds collide
The best way to bring businesses together is to combine their respective strengths, says Simon Cooter.
Chase Templeton completes fourth 2015 acquisition with Best Go Private
Chase Templeton has acquired Bushey-based intermediary Best Go Private in a deal that brings a further £3.1m in annual premium income to the consolidator.
Anthem to acquire Cigna for $54.2bn
US health insurer Anthem has agreed to buy Cigna in a deal that values the latter at $54.2bn (£34.9bn).
Dual acquires MGA Oliva Underwriting
Hyperion underwriting arm Dual has acquired UK-based property and casualty, contractor trades and marine insurance managing general agent Oliva Underwriting.
Chaucer strikes Quinn deal with Liberty
Chaucer Insurance Services, the UK motor, commercial property and liability insurer, has reached an agreement to purchase the Quinn-direct private motor insurance book from Liberty Insurance.
Generali acquires My Drive Solutions
Generali has acquired My Drive Solutions, a UK firm specialising in the use of data analytics to profile driving styles.
Charles Taylor teams up with PE firm to buy major stake in software provider
Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.
Seventeen Group buys Professional Insurance Advisers
Seventeen Group has acquired Rickmansworth-based Professional Insurance Advisers for an undisclosed sum.