M&A
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Talanx completes Liberty Seguros deal in Brazil
Talanx has completed the acquisition of Liberty Seguros in Brazil from Liberty Mutual. Talanx said its proposed acquisitions of Liberty…
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James River agrees to sell reinsurance unit to Fleming
James River Group Holdings said it will sell JRG Reinsurance Company, its third-party casualty reinsurance business, to Fleming Insurance Holdings,…
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PartnerRe appoints Covéa’s Dubreuil and Bucchini to board
PartnerRe has appointed Covéa executives Emmanuel Dubreuil and François Bucchini to its board of directors, taking the seats left vacant…
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Arthur J Gallagher expands in Ireland with Keaney buy
Arthur J Gallagher has acquired Irish commercial insurance broker Keaney Insurance Brokers for an undisclosed sum. Managing director Terry Keaney…
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Global M&A insurance claims rise despite fewer deals
Global M&A insurance claims have risen despite a reduced volume of deals this year, according to Liberty Global Transaction Solutions’…
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Travelers agrees to buy cyber MGU Corvus
Travelers Companies said it has agreed to acquire cyber managing general underwriter Corvus Insurance Holdings for approximately $435m. The transaction…
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Contacto acquisition sees Howden enter Peruvian insurance market
Howden has entered the Peruvian insurance market with the acquisition of Contacto Corredores de Seguros, a leading insurance broker in…
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Zurich to enter Indian general insurance market with acquisition
Zurich is to enter the Indian general insurance market through a strategic alliance with Kotak Mahindra Bank and the proposed…
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Ardonagh adds Swiss broker Assepro to European growth plan
Broker the Ardonagh Group is to buy Swiss broker Assepro as it seeks to further build out its European growth.…
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Davies acquires four US claims businesses from Brown & Brown
Davies has signed a deal with Brown & Brown Insurance to acquire four claims and services businesses: American Claims Management…
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Howden grows in Luxembourg with two acquisitions
Howden has established a retail presence in Luxembourg with the acquisition of the portfolio of United Brokers, and has also…
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Allianz acquires Italy’s Tua from Generali to cement market position
Germany’s Allianz has further strengthened its presence in Italy by agreeing to acquire P&C carrier Tua Assicurazioni, formerly part of…
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European insurance M&A surge boosted by broker consolidation
Merger and acquisition (M&A) activity in the European insurance sector increased 22% in H1 2023, according to FTI Consulting, with…
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R&Q confirms talks to sell Accredited
R&Q Insurance Holdings (R&Q) has confirmed that it is in talks to sell its programme management business Accredited. Following press…
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Brown & Brown unit agrees to buy London-based MGA
Brown & Brown Europe, part of US broker Brown & Brown, has agreed to acquire Occam Underwriting, a London-based managing…
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Howden acquires Apex Insurance New Zealand
Howden has completed the acquisition of Apex Insurance New Zealand and its associated subsidiaries. Howden said the acquisition strengthens its…
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RSA to acquire Direct Line commercial book
UK insurer RSA and its parent Intact Financial Corporation have agreed to acquire the brokered commercial lines business of Direct…
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RenRe gets green light from EC to buy AIG’s Validus Re
RenaissanceRe has received regulatory approval from the European Commission to acquire Validus Re from AIG. The EC cleared the deal,…
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Lufthansa reportedly selling insurance units
German airline Lufthansa is reportedly looking to sell its insurance operations, including broker Albatros and insurer Delvag. According to a…
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BMS Group appoints head of Japan
Tim Hewitt has been appointed as head of BMS in Japan, focusing on insurance solutions for complex mergers and acquisitions…