Marsh acquires 100% of Honan Insurance Group by $448 mn
Marsh has acquires Honan as the US insurance broker giant seeks to expand its presence in Australia and New Zealand
Marsh has acquires Honan as the US insurance broker giant seeks to expand its presence in Australia and New Zealand
French insurer AXA has signed a deal to acquire Irish health insurance company Laya Healthcare (Laya) in a deal valued at €650 mn
BlackRock and Jio Financial Services announced an equal stakes joint venture to launch asset management services in India. The venture, named Jio BlackRoc
Howden, the global insurance group, has acquired Hudson Sky International, securing briker’s position as a pre-eminent broker in the aviation insurance sector in Switzerland
Generali has announced its acquisition of Conning Holdings, a global asset manager for insurance and institutional clients, from Cathay Life
French insurer AXA SA has been discussing strategic options for its XL Re unit, including a possible private sale or stock market listing
Roojai, Thailand’s leading online insurtech, announced it has agreed to acquire FWD General Insurance Company in Thailand
Guy Carpenter had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel
Insurtech Root has rebuffed a takeover bid from Embedded Insurance even though the offer was one of the highest price
Zurich Insurance Group and insurer Cardif are among the parties considering bids for PT Astra International’s life insurance arm
Liberty Mutual Insurance and Generali Group announce that they have signed a definitive agreement for Generali to acquire Liberty Seguros
US bank M&A deals hit another monthly low in 2023 with only four deals announced in May
Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and Jefferies to work on the sale of its Southeast Asia life insurance business worth $1 bn
Verisk has successfully acquired Morning Data, a supplier of cutting-edge software to brokers and managing general agents (MGAs) worldwide, including the London market
Guy Carpenter, a business of Marsh McLennan and the leading global risk and reinsurance specialist, today announced that it is to acquire Re Solutions
AIG is planning to sell Validus Re, including AlphaCat and the Talbot Treaty reinsurance business, to RenaissanceRe for $2.985 bn, consisting of $2.735 bn in cash
Three years after purchasing shares in Aviva, activist investor Cevian Capital is selling almost all of its stake in the insurance giant
Canada Life Assurance Company, a subsidiary of Great-West Lifeco, has reached an agreement to acquire Investment Planning Counsel
Arch Insurance has acquired Thimble, a insurtech platform for small business customers and agents. Thimble enables small businesses to quickly get insurance coverage
Sun Life Financial has completed the sale of SLF of Canada UK Limitedto Phoenix Group Holdings. Headquartered in London
America’s top-rated virtual insurance agent to compare, buy and manage insurance Insurify has completed the acquisition of Inspop USA and its subsidiary, Compare.com
Cover Genius, the insurtech for embedded protection, has completed an asset acquisition agreement with US-based embedded warranty provider, Clyde Technologies
Nirvana, a London-based managing general agent, has launched in London after acquiring leading media, tech and cyber underwriter, Nirvana Risk Partners
Truist Financial Corp.’s sale of a minority stake in its insurance arm has left the Street wondering what move the company will make next
Global insurance mergers and acquisitions (M&A) activity saw a 10-year high in 2022, though a marked downturn in H2 as economic pressures began to impact investor
Insurtech Roadzen has plans to become a publicly traded company in the US via merger with Vahanna Tech Edge Acquisition in a blank-check vehicle in a deal valued $965mn
M&A tech and InsurTech firm io.insure, which claims to be the world’s first online mergers and acquisitions (M&A) insurance marketplace for SME transactions
Essent Group agreed to purchase the title insurance subsidiaries of Finance of America’s Incenter business for $100 mn, the latest company looking to find synergies
Managing general agency Johnson & Johnson announced that it recently acquired the assets of Statewide Insurance Corp as it looks to expand into a number of Southwestern states
Regulators seeking further consolidation and international exits or strategic acquisitions will be key drivers.
Arthur J. Gallagher has agreed to acquire the partnership interests of Buck, a provider of retirement, HR and employee benefits consulting and administration services
K2 Insurance Services, an independent specialty insurance program manager, announced that private equity firm Warburg Pincus has agreed to acquire
Fitch Ratings says that it has a neutral sector outlook for North American insurers next year, saying that they will continue to benefit from rising interest rates
Frequency of M&A insurance claims has fallen after the anticipated post-Covid claims surge did not materialise
After a slow start to the year as the insurance industry focused on integrating the record number of transactions which closed at 2021, M&A activity has rebounded
Dai-Ichi Life Holdings has made an offer to acquire shares of pet insurance provider ipet Holdings, with the intention of making it a wholly-owned subsidiary
AXA announced that AXA Spain has entered into exclusive negotiations with Groupe des Assurances du Credit Mutuel (“GACM SA”) for the potential acquisition
NN Group announces that it has reached an agreement with Rockbridge to sell the former MetLife asset management business in Poland
Allianz has announced that it has completed its transaction to acquire a majority stake in Jubilee Holdings Limited’s general insurance business in East Africa
2021 was an active year for mergers and acquisitions with large block reinsurance transactions leading to a 41% increase in admitted assets owned by private equity firms
M&A and disposition activity within the US life insurance sector will continue in 2022 and 2023, however, weakening macroeconomic conditions and new regulatory hurdles
U.S. Directors & Officers (D&O) insurance results in the first half of 2025 have improved, though premium growth has stalled
Founded in 2003, Born Consulting is based in Bern, Switzerland and is an independent insurance broker for national and international intermediaries
MetLife Investment Management, the institutional asset management business of MetLife, is planning to acquire Affirmative Investment Management
Insurtech Lemonade has laid off some Metromile employees after closing its acquisition of the company. Lemonade said around 20% of Metromile’s team was affected
AON and Mergermarket, a provider of intelligence, data and analysis of global M&A, released the latest edition of their global M&A Risk in Review
Covéa has completed the acquisition of global reinsurer PartnerRe from EXOR and holding company, for a total cash consideration of $9.3 billion
Arthur J. Gallagher acquired of Romford, Essex-based Devitt Insurance Services Limited (“Devitt”) in the United Kingdom