M&A
-
March 21, 2022
Miller acquires French sport specialist Henner Sports for European growth
Specialist broker Miller has acquired French intermediary Henner Sports from the Henner Group for an undisclosed fee. Henner Sports, which…
-
March 18, 2022
UnisonSteadfast expands North America footprint via Intersure alliance
Hamburg-based UnisonSteadfast, the world’s biggest independent broking network that is now 60% owned by Australia’s Steadfast Group, has teamed up…
-
March 17, 2022
Don’t bank on Austrian D&O market softening, says DUAL’s Puchner
There have been a few tentative signs of a softening in the Austrian D&O market during recent months but it…
-
March 15, 2022
North and Standard P&I Clubs set to merge
Two leading P&I Clubs, North P&I and Standard Club, have entered formal discussions about a proposed merger. The new club…
-
March 15, 2022
Gallagher fully integrates India business Edelweiss Gallagher and rebrands
Gallagher’s India-based business, Edelweiss Gallagher, has been rebranded as Gallagher. The broker acquired a minority stake in Edelweiss Insurance Brokers…
-
March 15, 2022
Flow of insurers exiting Russia increases as Allianz and Swiss Re pull back
Allianz and Swiss Re have become the latest companies from the risk transfer industry, and among the first few (re)insurers,…
-
March 11, 2022
Mosaic to acquire Sirius Point’s Lloyd’s managing agency
Mosaic Insurance is to acquire the Lloyd’s managing agency of SiriusPoint as part of a strategic partnership between the two…
-
March 11, 2022
Aon suspends Russian operations
Aon is suspending its operations in Russia as president Putin continues his invasion of Ukraine. The move comes hot on…
-
March 10, 2022
SCOR rebrands Lloyd’s syndicate as part of continued push into specialty market
French reinsurance group SCOR has announced “pleasing” 2021 results for its SCOR Channel syndicate at Lloyd’s and will rename the…
-
March 9, 2022
Brown & Brown to acquire Global Risk Partners
US broker Brown & Brown is to acquire UK firm Global Risk Partners (GRP), with the transaction expected to close…
-
March 9, 2022
Political risk insurance market pulls back from eastern European exposures
Russia’s invasion of Ukraine has roiled political risk insurance markets, with insurers reviewing capacity they offer and policyholders checking their…
-
March 7, 2022
Aventum acquires actuarial consultancy for MGAs
International (re)insurance group Aventum has acquired Mulberry Risk, a consultancy providing actuarial, analytical, exposure and capacity management services to MGAs.…
-
March 7, 2022
Acrisure acquires Spanish firm Summa Insurance Brokerage
Acrisure has entered the Spanish market with the acquisition of Spanish broker Summa Insurance Brokerage. “As we continue to look…
-
March 1, 2022
Howden to buy Assiteca as it continues push into Italy and continental Europe
Howden is buying Italian broker Assiteca for €209m to create what it described as a “new force” in Italy’s broking…
-
March 1, 2022
S&P lowers ratings and outlook on Russian insurers
S&P has lowered its ratings on some of Russia’s leading insurers and put more on a negative credit watch. The…
-
February 24, 2022
Applied Underwriters buys Catlin Specialty Insurance from AXA XL
Applied Underwriters is to acquire Catlin Specialty Insurance Company from AXA XL. The US firm said it would consolidate the…
-
February 23, 2022
EC orders Hungary to withdraw VIG/AEGON acquisition veto
The EC said Hungary was in breach of EU merger rules when it blocked Vienna Insurance Group’s (VIG) acquisition of…
-
February 18, 2022
Mosaic increases global M&A capacity with syndicated partnerships
Several new trade-capital partners have joined Mosaic Insurance’s syndicated capital programme for transactional liability risks, including HDI Global Specialty, Verto…
-
February 15, 2022
Optio Group expands political violence and terrorism capacity
Specialty MGA Optio Group has tripled its line size for political violence and terrorism (PVT) single risks to $150m. It…
-
February 15, 2022
Global insurance M&A activity growing, says Clyde & Co report
Global insurance mergers and acquisitions (M&As) grew in 2021, particularly in Europe and the Americas, and M&A activity is expected…