Allianz, BlackRock, T&D lead €3.5bn acquisition of Viridium, life insurance consolidator
A consortium led by Allianz SE, BlackRock, and Japan’s T&D Holdings will acquire Viridium Group, a German life insurance consolidator, for €3.5bn
M&A Insurance News
Latest Mergers & Acquisitions news of M&A global insurance market. Explore latest insights, trends and breaking news from Beinsure Media.
M&A news focuses on insurance trends related to mergers and acquisitions and covers news about how insurance policies, trends, and strategies impact M&A activities. It includes updates on new insurance products designed for M&A transactions, regulatory changes affecting M&A insurance, and significant deals that involve insurance considerations.
Beinsure highlights insurance solutions that help manage risks during mergers and acquisitions, such as warranty and indemnity insurance. It also covers insights from industry experts on emerging trends and practices in M&A insurance.
U.S. medical liability insurer Doctors Co. acquires ProAssurance for $1.3 bn
The Doctors Co., the largest physician-owned medical liability insurer in the U.S., will acquire ProAssurance Corp. for $1.3 bn
IK Partners acquires stake in Seventeen Group to expand UK insurance presence
Private equity firm IK Partners announced that one of its funds will acquire a minority stake in Seventeen Group, a London-based company
Allianz to sell 26% stake in Bajaj Insurance Joint Ventures for €2.6 bn
Allianz SE entered into binding share purchase agreements with Bajaj Finserv to sell its 26% stake in its successful non-life and life insurance joint ventures – Bajaj Allianz General Insurance
Global insurance M&A fell to a 16-year low in 2024 due to high interest rates
Global insurance mergers and acquisitions (M&A) fell to a 16-year low in 2024 due to high interest rates, geopolitical risks, and stricter regulations
Bicycle insurtech Laka acquired the Luko e-scooter business in France
Laka, a specialist bicycle insurer, has acquired the Luko e-scooter business in France from Allianz Direct, marking its third acquisition
Arthur J. Gallagher acquires San Francisco-based Woodruff Sawyer for $1.2 bn
Arthur J. Gallagher & Co. (AJG) will acquire San Francisco-based Woodruff Sawyer, a commercial property/casualty broker and risk management services provider, for $1.2bn
FTP acquired Coastal Flood Underwriters to expand its flood insurance offerings
FTP has acquired Coastal Flood Underwriters LLC to expand its flood insurance offerings across the U.S.
Optio Group acquired Norwegian-based MGA S Insurance
Optio Group (Optio), an independent specialty MGA, has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed amount
Chubb acquires Liberty Mutual’s insurance businesses in Thailand and Vietnam
Chubb has agreed to acquire Liberty Mutual’s insurance businesses in Thailand and Vietnam, which include property and casualty consumer and commercial assets
MGA NSM Insurance sells its U.S. division to New Mountain Capital
NSM Insurance Group, a global specialty insurance provider, has agreed to sell its U.S. commercial insurance division to New Mountain Capital
Ping An Insurance to sell 41,9% stake in Autohome for $1.8 bn
Autohome, a Hong Kong-listed company, announced that Ping An Insurance will no longer be its controlling shareholder after selling a 41.91% stake for $1.8bn
Vouch acquired the team and book of business from StartSure
Vouch, a business insurance provider for high-growth companies, has acquired the team and book of business from StartSure Insurance Services
Legal & General Group sells U.S. business to Meiji Yasuda Life Insurance for $2.3 bn
Legal & General Group plc agreed to sell its U.S. protection business to Meiji Yasuda Life Insurance Co. in a $2.3 billion deal
Suncorp Group finalized the sale of Asteron Life, its New Zealand life insurer
Suncorp Group has finalized the sale of Asteron Life, its New Zealand life insurance business, to Resolution Life NOHC for NZ$410 mn
Aon announced a co-broking agreement with Protecdiv, a minority-owned brokerage
Aon announced a co-broking agreement with Protecdiv, a minority-owned brokerage, to expand service offerings for U.S. public and private sector clients
Allstate agreed to sell its Group Health business to Nationwide Mutual Insurance for $1.25 bn
Allstate Corp. agreed to sell its group health business to Nationwide Mutual Insurance Co. for $1.25 bn in cash. The deal is expected to close in the second half of the year
Suncorp Group completed the sale of Asteron Life, its New Zealand life insurer, for NZ$410 mn
Suncorp Group Ltd. completed the sale of Asteron Life Ltd., its New Zealand life insurance business, to Resolution Life NOHC for NZ$410 mn
Generali and BPCE form $1.97 tn asset management joint venture
Generali and French banking and insurance group BPCE have agreed to form a 50-50 joint venture, creating a global asset management operation with €1.9 tn
Canadian insurers Beneva and Gore Mutual plan to merge to drive growth
Canadian mutual insurers Beneva and Gore Mutual plan to merge to drive growth, reinforcing the role of mutuals in the country’s insurance industry
Alpine Intel acquires BSC Forensics to enhance claims investigations
Alpine Intel, a US-based insurance solutions provider, has acquired BSC Forensics for an undisclosed sum. The acquisition is expected to improve efficiency and accuracy for its clients
GRAM ABF acquires majority stake in UniVista Insurance at $700 mn valuation
Entities tied to GRAM’s Americas Buyout Fund, have made a majority investment in Miami-based UniVista Insurance
Canadian Fairfax becomes the 100% owner of Ukrainian insurers—ARX, ARX Life, and UNIVERSALNA
Fairfax Financial Holdings has completed a deal with the EBRD and has become the 100% owner of Ukrainian insurance companies UNIVERSALNA, ARX, and ARX Life
Generali Investments acquires a 77% stake in MGG Investment Group for $320 mn
Assicurazioni Generali’s investment arm is acquiring a 77% stake in U.S.-based middle-market investment firm MGG Investment Group for $320 mn
Standard Insurance sues Securian Financial over $50 mn earn-out dispute
Standard Insurance Co. has sued Securian Financial Group, Inc. and its subsidiary, Minnesota Life Insurance Co., over $50 mn in earn-out payments tied to a 2022 acquisition
Insurance Europe supports the European Commission's ambition to build a Savings and Investments Union. The insurance sector plays a crucial role in achieving the SIU's goals
The directors and officers (D&O) insurance market has experienced favorable results in recent years, but ongoing risks and market uncertainties could challenge sustainability
Integrating real-time data analytics through big datasets, AI, and ML technologies empowers companies to detect high-risk policies before solidifying agreements
U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance. The transactions strengthen balance sheets, improve capital efficiency