M&A
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February 14, 2022
Sompo International reports big jump in premiums
Sompo International (SI) has delivered a significant improvement in underwriting performance and revenue growth in its nine-month 2021 numbers. The…
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February 14, 2022
Allianz buying European Reliance to become top P&C player in Greece
Allianz is buying Greek insurer European Reliance for €207m to become the biggest P&C insurer in the market. The German…
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February 11, 2022
Liberty Global Transaction Solutions M&A capacity unchanged for 2022
Leading global M&A insurer Liberty Global Transaction Solutions Group (GTS) has announced that its capacity for the 2022 underwriting year…
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February 7, 2022
MGAs feel capacity squeeze but set to continue UK growth, says AM Best
Managing general agents (MGAs) are likely to continue their trajectory of UK growth delivered during the past ten years despite…
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February 4, 2022
Aon posts strong revenue growth but profits tumble
Aon posted a strong increase in revenues for the fourth quarter of 2021 and the full year, largely on the…
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February 1, 2022
Generali first foreign insurer to be majority shareholder in Indian joint ventures
Generali is to become the majority shareholder in both its life and property and casualty (P&C) joint ventures in India.…
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January 28, 2022
Marsh McLennan records biggest revenue growth in two decades as profits jump sharply
Marsh McLennnan saw underlying revenue increase by 10% in both the fourth quarter and full-year 2021, with net income rising…
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January 27, 2022
Gallagher cements position in Switzerland with rebrand
International broker Gallagher has announced that its Switzerland-based businesses, Hesse & Partner and Verbag Versicherungsberatungs, will be rebranded as Gallagher from…
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January 21, 2022
Howden buys Italian broker Tower as its expands further into Italy and Europe
Rapidly expanding Howden has bought specialist Italian broker and risk consulting firm Tower as part of its plans to become…
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January 13, 2022
Tysers sells UK trade credit book to Xenia
Specialist UK broker Xenia Broking Group has acquired the UK trade credit and surety business of Tysers Insurance Brokers. The…
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January 11, 2022
Swiss Re Corporate Solutions acquires employer stop-loss specialist MGU
Swiss Re Corporate Solutions (SRCS) has acquired TMS Re, an independent managing general underwriter (MGU) specialising in employer stop loss…
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January 5, 2022
Optio Group acquires warranty and indemnity MGA Brockwell Capital
Specialty MGA Optio Group has acquired Brockwell Capital, a leading warranty and indemnity (W&I) MGA and an approved Lloyd’s coverholder,…
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January 5, 2022
US insurtech Corvus acquires cyber underwriting platform from Beat Capital
Beat Capital Partners has sold cyber underwriting platform Tarian Underwriting to Corvus Insurance. Beat Capital said that with this deal,…
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December 23, 2021
Marsh takes large majority stake in Marsh India Insurance Brokers
Marsh has increased its shareholding in Marsh India Insurance Brokers from 49% to 92%. Marsh said it has acquired the…
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December 22, 2021
Austrian market less tricky for buyers but no time to relax, says HDI
Despite a fairly benign insurance market, Austrian corporates cannot afford to relax and must prepare for the next crisis, warns…
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December 21, 2021
Covéa to buy PartnerRe for $9bn
French mutual Covéa has agreed to buy PartnerRe from Exor for $9bn (€7.8bn) in cash, with the deal set to…
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December 21, 2021
Argo to focus on US specialty business as it sells ArgoGlobal SE
Bermuda-based specialty insurer Argo Group is to sell ArgoGlobal SE in order to focus on its US specialty business. Under…
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December 15, 2021
US fronter Concert Group forms excess and surplus lines carrier
Concert Group Holdings has formed an excess and surplus lines carrier domiciled in Montana, aimed at captives and programme business.…
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December 10, 2021
Insurance sector M&A activity accelerating and expected to remain strong next year
Insurance deal activity has accelerated in the second half of the year, with a big focus on broker consolidation, and…
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December 8, 2021
Marsh France buys affinity broker SAM
Marsh France has bought French broker SAM, a firm based in Île-de-France that specialises in affinity insurance. Terms of the…