M&A
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US broker M&A expected to rise after sluggish Q1
US insurance broker M&A is expected to remain robust this year, despite a slow first quarter amid macroeconomic challenges, according…
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Guy Carp buys Israeli reinsurance broker
Marsh McLennan subsidiary Guy Carpenter is to acquire Israel-based reinsurance broker Re Solutions. Terms of the transaction, which is expected…
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HDI International expands in Latin America with Liberty Seguros acquisition
HDI International is to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, and Ecuador from…
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RenaissanceRe buys Validus Re from AIG to become fifth largest reinsurer
RenaissanceRe said buying Validus Re from AIG in a $3bn deal will grow its business by 30% at a time…
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Acrisure expands in Europe with Portugal buy
Broker Acrisure has expanded further into Europe with the acquisition of Portuguese broker Universalis. Acrisure said the acquisition is its…
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SiriusPoint and Third Point end acquisition talks
Bermuda insurer SiriusPoint said it will continue its current strategy after talks opened by minority shareholder Daniel Loeb, CEO of…
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Lockton expands in Brazil with acquisition from Amwins
Lockton has expanded its Brazilian operations with the acquisition of THB Brazil, a full service (re)insurance broker, from Amwins for…
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Political violence and terrorism market set to meet rising demand
Two leading London underwriters in the political violence and terrorism (PVT) insurance market say that the specialty line is coming…
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Howden targets further European M&A armed with £1bn war chest
Howden has raised more than £875m of fresh capital and said it now has more than £1bn to invest in…
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Loss adjuster Engle Martin snaps up marine specialist EIMC
Loss adjusting and claims management firm Engle Martin has bought EIMC, which offers risk management, loss investigation and subrogation services…
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Broker M&A slows further in US
There were 158 mergers and acquisitions among North American insurance agents and brokers in the first quarter, down 17% from…
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Ardonagh bolsters Dutch presence with Klap acquisition
Rapidly growing UK-based broking firm Ardonagh has announced that it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines…
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Pen Underwriting enters marine specialty market with acquisition
MGA Pen Underwriting has bought Tay River Holdings and its specialty marine subsidiaries Vessel Protect, Trafalgar Marine Trades and BMM…
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Howden predicts rise in notification rates as 2021 M&A boom plays out
Howden is warning that notification rates are expected to rise as a result of economic uncertainty, according to its latest…
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Broker MRHT adds new investor and eyes further growth
London-based private equity firm AnaCap Financial Partners (AnaCap) has sold a minority stake in fast-growing owner-managed German industrial broker MRH…
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Ballantyne Brokers in management buy-out from K2 Insurance Services
Specialist London-based Ballantyne Brokers has seen a management buyout from its parent company K2 Insurance Services. The buyout was led…
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European insurance M&A hits record high in 2022
Investor appetite for European insurance assets hit a new record high in 2022, with a total of 435 deals recorded…
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IGI acquires Norway-based MGA Energy Insurance Oslo
Bermuda-based specialty risks commercial re/insurer International General Insurance Holdings (IGI) has completed its acquisition of Norway-based managing general agency Energy…
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Investment losses weigh on Generali’s 2022 net result
Generali posted 2% growth in its net result to €2.9bn for full-year 2022, boosted by a record operating result of…
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Howden buys Lichtenstein broker as European expansion continues
Howden has continued its expansion across Europe with the purchase of Lichtenstein broker BWV Versicherungsbroker (BMV). Terms of the deal…