M&A
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March 17, 2023
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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March 15, 2023
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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March 15, 2023
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…
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March 2, 2023
Howden strengthens German presence with Franz Gossler deal
London-based international insurance broker Howden has continued its rapid European expansion this week with a further acquisition in Germany, cementing…
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February 28, 2023
Global insurance sector mergers and acquisitions up 7.4% in 2022
There were 449 mergers and acquisitions completed in the global insurance sector last year, up 7.4% from 2021, according to…
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February 27, 2023
Allianz Trade buys out joint venture partner in Portugal
Trade credit insurer Allianz Trade will buy the remaining 50% stake in Portuguese firm Companhia de Seguro de Créditos (Cosec)…
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February 20, 2023
Howden buys Tysers bloodstock team and MGA
Lloyd’s broker Tysers has sold its bloodstock broking team and bloodstock MGA Galileo to Howden for an undisclosed fee. David…
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February 15, 2023
Property rate increases set to accelerate again as reinsurance costs rise: Marsh
Corporate buyers should prepare for property insurance rate increases and higher retentions as insurers look to pass on a sharp…
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February 13, 2023
AM Best places Argo’s ratings under review
AM Best has placed Argo Group’s ratings under review after the specialty insurer announced a $1.1bn sale to Brookfield Reinsurance.…
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February 9, 2023
Talanx reports 2022 premium growth and lifts targets
German group Talanx has reported that it will exceed its 2022 group net income target range of €1.05bn to €1.15bn…
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February 9, 2023
Argo ends strategic review with $1.1bn sale to Brookfield Reinsurance
Brookfield Reinsurance is buying Argo Group International in a $1.1bn all-cash deal for the specialty business. The deal follows confirmation…
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February 9, 2023
French state reinsurer CRR to sell open market carrier
France’s state-owned reinsurer CCR has entered into exclusive negotiations with a consortium formed by French mutual insurers SMABTP and MACSF…
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February 3, 2023
Amwins Global Risks acquires specialist energy and marine-focused London broker
Amwins Global Risks has acquired specialist energy and marine-focused London broker Roberts Armytage & Partners (RAP). Amwins Global Risks is the international arm of…
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January 31, 2023
Liberty GTS launches contingent legal risk product for Asia Pacific market
A new contingent legal risk insurance (CLRI) M&A product has been launched by Liberty Global Transaction Solutions (GTS) into the…
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January 31, 2023
Warranty and indemnity in Australia and New Zealand now a buyer’s market
The warranty and indemnity (W&I) insurance market in Australia and New Zealand has become a buyer’s market, with pricing falling…
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January 30, 2023
Howden delivers 19% organic growth in 2022 revenue
Howden has reported a 60% increase in full-year 2022 revenue to £1.8bn, buoyed by 19% organic growth, as it continues…
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January 30, 2023
Rate increases accelerate in most major US commercial lines: Ivans
Most major US commercial insurance lines saw average premium renewal rate increases accelerate during Q4, according to Ivans Insurance Services.…
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January 24, 2023
North and Standard P&I clubs get approval for Feb merger
North and Standard Club have received formal approvals for their P&I merger that remains on schedule to take place next…
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January 18, 2023
AGCS says Beazley’s cyber cat bond likely to set precedent and spur market
AGCS’s chief underwriting officer (CUO) thinks the recent cat cyber bond created by rival Beazley will set a precedent in…
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January 16, 2023
Miller appoints head of M&A to support continued growth ambitions
Claire Connolly has been appointed head of M&A at Miller. The broker said the move is part of its continued…