Mergers & acquisitions (M&A)
Vienna Group acquires QBE Makedonija
Vienna Insurance Group AG Wiener Versicherung Gruppe has signed an agreement to take a majority stake in Macedonian insurer QBE Makedonija.
Editor's comment: Groupama - going, going, gone?
After months of uncertainty, employees at Groupama's UK insurer operation can be a little buoyed by last Friday's news that a named bidder had finally cast its hat into the ring to buy them.
Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
Seven directors quit Omega
Seven directors including Omega chief executive Richard Pexton have quit the business.
Tungsten evaluating Equity bid
The investment vehicle, helmed by Edmund Truell, is believed to be considering an offer for the IAG-owned insures.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Giles director Hazel McIntyre quits
Giles' mergers and acquisitions director Hazel McIntyre has left the business after five years to pursue other opportunities.
James Hallam buys broker's commercial book
Insurance broker James Hallam has acquired the commercial book of business of Essex-based intermediary Coppergate.
Antony Hodari acquires Liverpool law firm
Manchester personal injury law firm Antony Hodari has bought Paul Rooney Partnership.
Tawa puts itself up for sale
Specialist insurance investor Tawa has unveiled plans to sell the business and is seeking potential offers.
Truell eyes up motor insurers
Edmund Truell, founder of Duke Street Capital and Pension Corporation, has not ruled out a future bid for Royal Bank of Scotland's insurance arm, Direct Line.
Brokers give Ageas seal of approval on Groupama acquisition talks
Brokers have hailed Ageas' potential move to acquire Groupama UK as a "logical fit", but warned that the insurer's troubled past may do little to win back lost brokers.
Ageas and Groupama in acquisition talks
Ageas UK and Groupama have entered exclusive discussions regarding the sale of Groupama's UK non-life insurance business.
Q&A with Chartis' Robert Schimek and Peter Csakvari
As the Russian insurance market continues to attract worldwide interest, Insurance Insight spoke to Rob Schimek, president of Chartis EMEA, and Peter Csakvari, general manager of Chartis Russia, about the potential in the Russian insurance market,…
Generali reaches new agreement to sell Israeli Migdal
The Generali Group has reached a new agreement to sell its entire 69.13% stake in Israeli firm Migdal Insurance and Financial Holdings to Eliahu Insurance Company.
Houghton departs Broker Network after 17% drop in operating earnings
Nick Houghton has joined West Yorkshire-based broker JM Glendinning after resigning as managing director of Broker Network and Countrywide.
Interview: Carl Beardmore - from vision to fruition
BMS chief executive Carl Beardmore believes he is on track in transforming a broker that was 'flat lining' into a company generating more than £100m a year.
Q&A: Dennis Turner - Money talk
Dennis Turner, former chief economist at HSBC, offers his insight on UK economic growth, the Eurozone crisis and the potential effects of the US presidential election on the global recovery.
Dubai Group sells Turkish non-life insurer
Dubai Group has sold its Turkish insurance arm to a company owned by former AIG chief executive Maurice 'Hank' Greenberg and a unit of Dubai lender Mashreq Bank.
Quindell to support substantial growth with further outsourcing deals
Quindell chief executive Rob Terry is targeting bottom line growth of up to 25% over each of the next five years, after his firm increased revenue from £1.8m last year to £45.6m in the first half of 2012.
Hodges: £90m M&A pot half spent but always replenished
Towergate has no intention of easing off from merger and acquisition activity as it ploughs ahead with a plan to grow its top and bottom lines over the next two years.
Helvetia increases shareholding in Nationale Suisse
The Helvetia Group has given notice to the Swiss Stock Exchange that Helvetia Beteiligungen AG has taken over a share package from Basler Kantonalbank in the Swiss National Insurance Company (Nationale Suisse) amounting to 7.69%.
Collinson to acquire One Group
Collinson Insurance Group has agreed to acquire The One Group, pending a 30-day due diligence review.
Brit integration leads to Birmingham office relocation for QBE
QBE has been forced to relocate its Birmingham operation to a larger office as a result of the ongoing integration of the Brit Insurance business.