M&A
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North and Standard P&I clubs get approval for Feb merger
North and Standard Club have received formal approvals for their P&I merger that remains on schedule to take place next…
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AGCS says Beazley’s cyber cat bond likely to set precedent and spur market
AGCS’s chief underwriting officer (CUO) thinks the recent cat cyber bond created by rival Beazley will set a precedent in…
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Miller appoints head of M&A to support continued growth ambitions
Claire Connolly has been appointed head of M&A at Miller. The broker said the move is part of its continued…
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Workers comp rates expected to keep falling in US
Despite looming economic uncertainty, experts say the US workers compensation insurance market will likely remain profitable throughout 2023 and rates…
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Verlingue continues expansion with further deals in France
Expanding independent French corporate insurance broker Verlingue, a subsidiary of Adelaïde Group, has continued its growth strategy with two further…
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Amynta acquires MGU Ambridge from Brit
Amynta Group is to acquire Ambridge Group, the managing general underwriter operations of Brit Ltd, a subsidiary of Fairfax Financial…
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Much less insurance M&A activity in 2022, says S&P
Insurance M&A activity slowed significantly in 2022, hitting the lowest volume since 2019, according to analysis by S&P Global Market…
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Howden beefs up Spanish presence with March Risk Solutions deal
Fast-growing broker Howden signalled its intention to continue expanding in Europe with news that it is buying Spain’s March Risk…
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Howden to buy Italian TV, film and advertising insurance broker
Howden is to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. Howden said the move will…
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Gallagher acquires Brazilian brokerage
Arthur J Gallagher has acquired São Paulo-based retail brokerage Interbrok Group. Terms of the transaction were not disclosed. Interbrok Group…
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Rise in complex warranty and indemnity claims expected next year
Clyde & Co has warned of a potential rise in complicated warranty and indemnity (W&I) insurance claims as a result…
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D&O market shifts in buyers’ favour but carriers remain wary, says AGCS
A recent fall in the number of US lawsuits and fresh capacity have reset the D&O market in favour of…
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Kastor Holdings acquires US broker and Lloyd’s subsidiary
Broker Kastor Holdings has expanded into the US with the acquisition of Dallas, Texas-based BritAmericaManagement Group and its London subsidiary…
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QBE enters European W&I market
QBE has launched warranty and indemnity (W&I) cover in Europe for the first time to deliver more capacity and expertise…
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Fusion Specialty and io.insure launch online M&A insurance for SMEs
Managing general agent Fusion Specialty has launched Mio, a global online merger and acquisition (M&A) insurance with io.insure. Fusion said…
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BMS acquires Spanish specialty insurance broker Eisenar
BMS is to acquire Spanish specialty insurance broker Eisenar as part of its Iberian regional expansion. The terms of the…
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BMS investors consider sale and other options: reports
Investor owners of brokerage BMS Group are considering selling the (re)insurance broker as part of a review, according to Bloomberg.…
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Charles Taylor acquires TPA The Matrix Companies
Charles Taylor has acquired The Matrix Companies, a US third-party administrator (TPA) and risk management specialist specialising in workers compensation…
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Leif Hansen to lead Sedgwick’s Nordic expansion
Sedgwick has announced that Christian Leif Hansen has been named its CEO for the Nordic region. The group said his…
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Marsh appoints global head of private equity and M&A practice
Paul Knowles has been appointed as global head of Marsh Specialty’s private equity and M&A (PEMA) practice, with effect from…