M&A
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May 4, 2022
North American broking M&A falls to lowest level since 2016
Mergers and acquisitions involving US and Canadian insurance agents and brokers fell to their lowest level since 2016 in the…
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May 3, 2022
Aspen returns to black in 2021 with $30m net income
Aspen Insurance turned around losses of $56.4m in 2020 to report net income of $29.8m for full-year 2021, which it…
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April 29, 2022
Argo board considers sale after shareholder pressure
Argo has bowed to pressure from activist shareholders and announced that it is considering selling the company. The board said…
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April 28, 2022
European cyber pricing to stabilise in H2: Marsh
Cyber insurance pricing in Europe is likely to stabilise in the second half of 2022 as measures to stem ransomware…
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April 27, 2022
Alm Brand secures regulatory approval for Codan Forsikring acquisition
The Danish Competition and Consumer Authority has given its unconditional approval to Danish insurer Alm Brand’s purchase of the Danish…
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April 27, 2022
Brown & Brown actively seeking M&A opportunities
US broker Brown & Brown is actively seeking other M&A opportunities, according to its president and CEO, J Powell Brown,…
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April 26, 2022
Specialty market remains firm despite talk of rising capacity: Berkley
Rob Berkley, CEO of leading US-based carrier WR Berkley, said that insurance rates are holding firm and there remain many…
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April 22, 2022
Hard market ‘persists’ but rates rises continue to slow: Marsh
The global insurance market hardened again in the first quarter with average rate increases of 11% but the size of…
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April 11, 2022
P&C losses from Ukraine-Russia conflict could hit $15bn, says WTW
P&C insurers could see close to $15bn in losses from the Ukraine-Russia conflict, according to a report by WTW. However,…
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April 5, 2022
AUB says ‘no deal’ yet in ongoing talks to buy Tysers
Australian broker network AUB Group said it has not been able to agree terms in talks to buy Lloyd’s wholesale…
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April 4, 2022
Howden buys two more Italian brokers to become top player in Italy
Broker Howden has acquired two Italian brokers, Nord Est Insurance Broker and ASI, which it says will further strengthen its…
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April 4, 2022
Crawford buys Dutch loss adjuster Schaderegelingsburo RP van Dijk
Claims management company Crawford has expanded its Dutch presence with the purchase of Utrecht-based loss adjuster Schaderegelingsburo RP van Dijk.…
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April 1, 2022
Brickell PC Insurance to acquire Randall & Quilter
Investment firm Brickell PC Insurance Holdings is to acquire Randall & Quilter (R&Q) Investment Holdings and also provide new equity…
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March 28, 2022
Clyde & Co and BLM agree merger
Global law firm Clyde & Co and UK-headquartered insurance specialist BLM will merge, after partners of both firms voted in…
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March 25, 2022
Aston Lark acquires London-market broker Braddons
Broker Aston Lark has acquired corporate broking firm Braddons that focuses on placing complex risks in the London market. The…
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March 23, 2022
Acrisure acquires London-based MGA Volante
US broker Acrisure has acquired international managing general agent (MGA) Volante Global, a unit of Volante Capital Holdings. Terms of…
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March 22, 2022
Tokio Marine HCC International reorganises transaction risk insurance division
The unprecedented merger and acquisition (M&A) activity across the globe has seen Tokio Marine HCC International (TMHCCI) reorganise its transaction…
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March 22, 2022
Partners at Clyde & Co and BLM to vote on merger
Partners at Clyde & Co and BLM will vote on a merger after successful talks between the two law firms.…
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March 22, 2022
Aviation loss between $5bn and $10bn from Russian groundings would see market harden, says Fitch
Fitch has predicted that the aviation insurance market would harden if its estimate of losses between $5bn and $10bn from…
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March 21, 2022
Berkshire Hathaway to buy Alleghany Corporation for $11.6bn
Berkshire Hathaway is to acquire Alleghany Corporation for $11.6bn in an all-cash deal. Warren Buffett, Berkshire Hathaway’s chairman and chief…