Mergers & acquisitions (M&A)
Groupama MD Matras set to depart as Ageas unveils management shake-up
Ageas has this afternoon confirmed that former Groupama Insurances managing director Laurent Matras will leave the business, as the integration of the acquired firm gathers momentum.
Patrick Gallagher to quit UK business
Gallagher Heath head of retail Patrick Gallagher is returning to his native US next month to take up a new retail role, Post has learnt.
Aviva "delivering on promise" to strengthen cost base
Aviva should be viewed as a "strong restructuring story" given most of the "heavy lifting" to improve its cost base has been completed through the disposal of underperforming business units, according to equity analysts Panmure Gordon.
Markel hoping to close Alterra purchase in April
Markel president William Stovin has told Post the firm hopes to have fully acquired Alterra Capital by the start of Q2.
Beazley CEO downplays M&A interest amid plans for repeat of 2012
Beazley chief executive Andrew Horton has played down the likelihood of acquisitive movement at the specialist insurer in 2013 and is instead aiming for a repeat of the previous year in terms of growth.
Axis acquisition to drive international expansion at York
York Risk Services Group has acquired loss adjuster Axis as part of the company’s plans to expand international growth.
Broking Focus: Cashflow Problem
Macquarie’s withdrawal from cashflow lending last year caught many brokers by surprise, but what has the impact been– and where do brokers look now for finance?
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
HSBC's Ping An stake sale approved by regulator
China’s regulator has approved HSBC’s sale of its 15.6% stake in Ping An Insurance to Thai billionaire Dhanin Chearavanont for $7.4bn.
DWF completes Fishburns merger
Law firms DWF and Fishburns have merged, with the latter being fully incorporated into the former as of today.
Staffordshire broker secures future with sale to Jelf
Jelf has acquired Newcastle-under-Lyme-based Howell Shone Insurance Brokers.
Stackhouse Poland completes LFC acquisition
Stackhouse Poland has increased its gross written premium "closer to the £100m barrier" with the acquisition of the business of LFC Insurance Brokers.
Legal reform will spark M&A for brokers, law firms and CMCs
Imminent changes to the legal landscape will lead to an increase in mergers and acquisitions among brokers, law firms and claim management companies, according to Deloitte.
Whitehair appointed MD of SPB UK
French affinity insurance specialist SPB plans to grow its business in the UK through its ownership of Citymain Group.
View from the Top: Steer clear of the C-word
Client retention can be improved by avoiding complacency and treating renewals like new business.
Towergate ties-up trio of acquisitions
Towergate has taken its total number of acquisitions so far in 2013 to three.
Morgan Stanley linked to Paymentshield sale
Towergate has asked Morgan Stanley to help find a buyer for Paymentshield according to reports.
Polish Treasury may sell PZU stake to fund investment programme
The Polish Treasury has revealed it could sell its stake in Warsaw-listed insurer Powszechny Zakład Ubezpieczeń to finance its flagship investment programme, the deputy treasury minister said.
European insurers look to exit run-off business
The trend of insurers looking to exit their legacy business is likely to continue over the next 12 months according to Pricewaterhouse Coopers.
Post magazine - 24 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Mergers & Acquisitions: How's your appetite?
With industry commentators split on how mergers and acquisitions might unfold this year, is there evidence that firms are hungry for more after a busy 2012, or have they had their fill for now?
DWF merges with Fishburns
Business law firm DWF and professional indemnity practice Fishburns will merge on 1 February.
Acquisitive regional broker bolsters equestrian offering
Middlesex broker Bryan James & Co has followed up on a pledge to continue to dip its toe in acquisitive waters after completing the takeover of a property management firm's insurance division.