Mergers & acquisitions (M&A)
Quindell swoops for Accident Advice Helpline parent
Quindell Portfolio has completed a deal to acquire Accident Advice Helpline parent Abstract Legal Holdings from 2 April.
Cashin joins Kennedys HK
Peter Cashin has joined law firm Kennedys’ corporate and commercial group in Hong Kong.
Broker sales on back-burner
The sale of Groupama-owned brokers Bollington and Carole Nash are said to be on the back-burner while the dust settles on Ageas’ acquisition of the UK insurance arm.
Collinson Group acquires card protection provider
The Collinson Group has announced a deal to acquire CCS, a card protection provider, in a bid to enhance its insurance and travel benefits offerings.
Axa Assistance acquires concierge service
Axa Assistance has agreed to acquire the majority of WhiteConcierge, a UK company operating in Europe in the concierge services Industry.
Towergate snaps up Northern Irish broker
Towergate Insurance has secured its first foothold in Northern Ireland after acquiring Belfast-headquartered broker Dawson Whyte.
Randall & Quilter buys Finnish reinsurer
Randall & Quilter Investment Holdings has reached agreement to acquire the entire issued share capital of Finnish domiciled reinsurer Alma Insurance Company from Tapiola General Mutual Insurance Company, subject to change of control approval by the Fin…
Axa confirms Taiwan exit
Axa is withdrawing from Taiwan after failing to gain a licence from the country's regulator.
HCB liability play boosted by investment
Healthcare and risk management specialist Health Claims Bureau plans to double its revenue in two years by targeting new business in the liability insurance sector.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Invicta secures deal for Sevenoaks broker's GI portfolio
Invicta Insurance Services has beaten off competition from a number of interested parties to secure the acquisition of Sevenoaks Insurance Brokers' entire general insurance portfolio.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
HSBC in talks over sale of Ping An stake
HSBC may sell its stake in China's Ping An Insurance as part of a drive to improve profitability, the insurer confirmed on Monday.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Former Axis chairman could start Asian insurer
Axis Capital founder John Charman is planning to return to the insurance industry, possible through the creation of an Asian insurance company.
US firm invests in Health Claims Bureau
Healthcare and risk management specialist Health Claims Bureau has signed an investment deal with US specialist Professional Disability Associates.
Go Compare admits future sale 'entirely possible'
The timing of Go Compare's strategic review is "no coincidence" given that the aggregator's major shareholder has a flotation in its sights, according to commentators, who have also mooted a potential management buyout or private equity deal.
Direct Group eyes US expansion following sale to Ryan Specialty Group
Direct Group chief executive Derek Coles intends to take advantage of new opportunities to enter international territories following the completion of the firm's sale to Ryan Specialty Group.
Ageas completes £116m acquisition of Groupama Insurances
Ageas has completed its acquisition of Groupama Insurances – less than three months after it revealed the £116m deal.
Interview: Bill Cooper - Banking bites back
The head of global insurance at Lloyds Banking Group believes that insurance M&As are not dead and that institutions are willing and able to provide finance.
Generali offloads assets to raise cash for emerging markets
Generali is to sell non-strategic assets next year in a bid to generate cash to invest in emerging markets in Asia, Eastern Europe and Latin America.
Charles Taylor to buy life business in £1.55m deal
Charles Taylor is to acquire Global Life Assurance Limited from Pinnacle Company Limited for £1.55m.