M&A
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August 17, 2022
Ocean International Re acquires London’s Oceva Risk Solutions and targets European expansion
Barbados-based reinsurer Ocean International Reinsurance has acquired London-based Oceva Risk Solutions as part of the company’s plans to expand internationally.…
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August 16, 2022
Coalition acquires US admitted insurer from Munich Re
Coalition, a managing general agent specialising in cyber risk, has completed its acquisition of US firm Digital Affect Insurance from…
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August 11, 2022
RiverStone snaps up first Vermont captive
RiverStone, the US insurance runoff specialist that is part of the Fairfax Group, has reached a tentative agreement to buy…
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August 11, 2022
Reinsurance M&A activity will be ‘limited’ over short term, says Fitch
Reinsurance M&A will be “limited” during 2022 and into next year due to investors’ concerns about macroeconomic risks and heightened…
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August 10, 2022
Mitsui Sumitomo buys hybrid fronting company Transverse to boost US expansion
Mitsui Sumitomo is buying US-based hybrid fronting company Transverse to build its presence in the US market. Terms of the…
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August 8, 2022
Gallagher expands risk management offering via AnotherDay acquisition
The London-based specialty arm of global broker Arthur J Gallagher has acquired risk management consultancy AnotherDay to boost its support…
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August 8, 2022
Mitsui Sumitomo to buy Transverse for around $400m: reports
Japanese insurer Mitsui Sumitomo is going to buy US-based hybrid P&C programme and fronting company Transverse for about $400m, according…
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August 1, 2022
LEUE & NILL teams up with Acrisure to extend global reach
Fast growing US-based fintech broker Acrisure has announced its latest expansion into the European risk and insurance market by signing…
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July 29, 2022
Howden begins building out French businesses with acquisition of financial lines broker CRF Conseils
Broker Howden is buying French broker CRF Conseils as its begins expansion in France under its new country CEO Nicolas…
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July 28, 2022
Broker consolidation dominates European insurance market M&A
The volume of insurance M&A deals across Europe rose by 26% from 85 to 110 in the second quarter of…
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July 25, 2022
BMS Re enters Mexican surety market with Calomex acquisition
BMS Re has acquired Calomex, a Mexico City-based specialist reinsurance broker. BMS Re said the move sees it enter the…
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July 22, 2022
Marsh results suggest hard market here to stay as nat cats and inflation dominate
The rising frequency and severity of natural catastrophes, the risk of social inflation and its impact on insured values, and…
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July 22, 2022
Travelers profit falls 41% in Q2 as cat losses hit
Travelers reported a lower profit for the second quarter as catastrophe losses rose and investment income dropped, but the insurer…
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July 19, 2022
US broker acquisitions keep rolling in H1
Mergers and acquisitions involving insurance agents and brokers rose to 427 in the first half of 2022, a 16% increase…
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July 13, 2022
Commercial property insurance rates rise again for US risks
US commercial property insurance rates increased again at mid-year renewals, albeit at a more moderate pace, and the overall cost…
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July 11, 2022
SiriusPoint and European MGA Alta Signa partner to expand specialty offering
Specialty insurer and reinsurer SiriusPoint has formed a partnership with European managing general agent (MGA) Alta Signa Holdings, which specialises…
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July 5, 2022
Charles Taylor boosts European marine expertise with V+B Group acquisition
Charles Taylor has bolstered its European marine capabilities through the acquisition of Rotterdam-based V+B Group. Terms of the deal have…
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July 4, 2022
Ardonagh snaps up leading Dutch broker Léons Group
Ardonagh Europe is buying family-owned Netherlands broker Léons Group for an undisclosed fee. Léons Group is headquartered in Amsterdam and…
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July 4, 2022
German broker MRH Trowe boosts footprint with three buys
German commercial lines broker MRH Trowe has acquired two local brokers, WRV and Lech Assekuranz, and taken a controlling stake…
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July 4, 2022
Clyde & Co relaunches online casualty platform as it merges with BLM
Clyde & Co has merged with BLM today and is rebranding its recently launched online casualty insurance platform to Clyde…