Clear Group acquired non-standard MGA Accelerate Underwriting
Clear Group announced the acquisition of MGA Accelerate Underwriting. This marks Clear Group’s fourth MGA acquisition as it strengthens its underwriting capabilities for brokers
M&A Insurance News
Latest Mergers & Acquisitions news of M&A global market. Explore latest insights, trends and breaking news from authority Beinsure Digital Media
Intermediary Specialist Risk Group (SRG) acquired MGA Capulus
Intermediary Specialist Risk Group (SRG) has acquired Capulus, a Wales-based managing general agent, to enhance its motor fleet capabilities
AXA acquired Gruppo Nobis, a retail P&C insurer in Italy
AXA announced an agreement to acquire Gruppo Nobis, a retail P&C insurance company in Italy with a diverse distribution network
Number of M&A deals involving insurance brokers in North America increased by 8%
The number of M&A deals involving insurance brokers in North America increased by 8% sequentially to 120 in the second quarter, according to S&P
Chubb’s acquisition of pet insurance MGA Healthy Paws valued at $300 mn
Insurance gigant Chubb announced in April a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent specializing in pet insurance
Sixth Street acquired Enstar by total equity value of $5.1 bn
Enstar Group has entered into a definitive merger agreement under which Sixth Street will acquire Enstar, with Liberty Strategic Capital, J.C. Flowers & Co
Insurtech Zebra acquired digital platform Marble
Insurtech Zebra has acquired digital platform for managing and saving on insurance Marble. The acquisition is effective as of July 25
EY highlights a rise in disclosed M&A deals in the UK insurance sector
EY report highlights a notable rise in publicly disclosed M&A deals in the UK insurance sector, increasing from 54 in H1 2023 to 94 in H1 2024
Aviva acquired of Probitas Holdings (Bermuda) for £249 mn
Aviva has finalized the acquisition of Probitas Holdings (Bermuda) Limited for £249 mn, marking its entry into the Lloyd’s market
European financial & insurance M&A activity rebounded in 2024
M&A activity in the European financial afn insurance services industry rebounded in the first half of 2024 after a slow
Zurich Group acquires AIG’s global personal travel insurance business
Zurich Insurance Group announced an agreement to buy AIG’s global personal travel insurance and assistance business, AIG Travel, for $600 mn
Generali CEE Holding completes 4Life Direct acquisition
Generali CEE Holding has finalized the acquisition of 4LifeDirect, a life insurance distribution company in Poland
Zurich Insurance acquires 70% of indian insurer Kotak for $670 mn
Zurich Insurance Company has completed of acquiring majority stake in Kotak Mahindra General Insurance Company from Kotak Mahindra Bank
AIG initiated a secondary offering of Corebridge Financial stock
AIG has initiated a secondary offering of Corebridge Financial common stock, has initiated a secondary offering
AON acquired of NFP, a middle market P&C insurance broker
AON, a global professional services firm, has completed the acquisition of NFP, a middle market property and casualty broker, benefits consultant
Marsh acquired Fisher Brown Bottrell Insurance
Marsh McLennan Agency announced that it has entered into a definitive agreement to acquire Fisher Brown Bottrell Insurance (FBBINSURANCE)
AXA Investment Managers acquires W Capital Partners
AXA Investment Managers has agreed to acquire W Capital Partners, a New York-based private equity firm specializing in GP-led and direct secondaries transactions
Blue Owl Capital acquires Kuvare Asset Management, a insurers’ invest manager
Blue Owl Capital will spend $750 mn to acquire Kuvare Asset Management, a boutique investment management firm that services the insurance industry
AGCS to sell US Fireman’s Fund insurance businesses to Arch for $1.4 bn
Allianz Global Corporate & Specialty to sell its Fireman’s Fund insurance businesses in the United States to Arch Insurance North America for total transaction value of $1.4 bn
Japanese Dai-ichi Life Insurance acquired of a 19.9% stake in Canyon Partners
Japanese insurance company Dai-ichi Life Holdings has acquired of a minority stake in Canyon Partners, a leading alternative investment manager based in the United States
M&A in UK insurance industry rose, in contrast to a EU slowdown
M&A in the UK insurance industry rose in 2023, in contrast to a wider slowdown in deal activity across Europe, the Middle East and Africa
Most global M&A deals announced with transaction values >$10 bn
February marked the third straight month in which four global M&A deals were announced with transaction values greater than $10 billion
Wipro acquired insurtech Aggne Global for $66 mn
Wipro, India’s fourth largest information technology (IT) services firm, will acquire US-based insurtech firm Aggne Global
Dutch insurer Achmea sales of its life insurance division
Dutch insurer Achmea is weighing the sale of its life insurance division. Achmea has hired JPMorgan to chart the possibilities for the division
Howden Group acquired Scottish broker Laurie Ross
Howden has recently announced its acquisition of Laurie Ross, a Scotland-based broker specializing in both personal and commercial lines
Global reinsurance market delivered strong results in 2024 with further improvement in underwriting profitability, exceptional ROEs and a continued building of capital
Cyber insurance market is set for outsized growth compared with other lines of P&C insurance over the coming 10 years. There is some concern about what factors must come together for growth
Artificial intelligence promises to revolutionize how P&C insurance business gets done. The exact ways AI will influence business are unknown
U.S. property and casualty (P&C) insurance industry achieved its best underwriting performance in over 15 years in 2024. The industry has turned a corner