M&A
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October 5, 2022
Howden adds marine broker to French operations
International insurance broker Howden has acquired the last remaining independent marine broker in France, Seasecure Group, as it continuous European…
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October 5, 2022
Aston Lark acquires Irish broker Pembroke Insurances
Broker Aston Lark Ireland, part of the Howden group, has acquired Irish commercial broker Pembroke Insurances. Robert Kennedy, CEO of…
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September 28, 2022
QBE sells select Irish renewal rights to Ascot
QBE has sold the renewal rights of select Irish casualty commercial insurance portfolios to Ascot, following its decision earlier this…
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September 28, 2022
AM Best affirms CCR Re’s ratings following majority sale announcement
Credit ratings agency AM Best has held the financial strength rating of CCR Re at A following the announcement that…
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September 22, 2022
Marsh report highlights sharp rise in R&W insurance claims notifications
Breaches relating to financial statements, tax and compliance disputes in the global mergers and acquisitions (M&A) market are behind a…
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September 21, 2022
French reinsurer CCR places majority stake in CCR Re up for sale
French state-owned reinsurer CCR said it will sell a majority stake in subsidiary CCR Re worth €200m by July 2023.…
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September 20, 2022
Howden continues French expansion with Théorème acquisition
Howden is set to buy French corporate insurance broker Théorème for an undisclosed fee as it continues expansion in France…
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September 12, 2022
Korean office for Lloyd’s broker Ramon International through acquisition
Lloyd’s broker Ramon International has opened an office in Korea through the acquisition of a majority stake in Seoul-based insurer…
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September 9, 2022
US insurer Westfield acquires Lloyd’s Syndicate 1200 from Argo
US property and casualty insurer Westfield is expanding into international specialty insurance business with the purchase of Lloyd’s Syndicate 1200…
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September 8, 2022
Sedgwick buys Danish firm Leif Hansen
Sedgwick has taken full ownership of Danish loss adjuster Leif Hansen after previously holding a minority stake in the firm.…
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September 6, 2022
Howden Re and Tiger Risk form leading MGA Howden Tiger SabRE
The largest managing general agent (MGA)/programme broking group globally is to be formed through Howden Group’s acquisition of TigerRisk, which…
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September 5, 2022
MRH Trowe expands in northern Germany with afm acquisition
German commercial lines broker MRH Trowe has bought a majority stake in industrial lines intermediary afm to expand its offering…
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September 5, 2022
Paragon buys entertainment and sports MGA
Managing general agent (MGA) Paragon Insurance has acquired US entertainment and sport MGA Reel Media. As first reported in our…
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September 1, 2022
French risk managers face further rate pressure as cat claims bite
French non-life insurers face natural catastrophe losses on an “unprecedented scale” this year, exacerbating the pressure on profitability from claims…
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August 31, 2022
Sompo International sells runoff Lloyd’s business to RiverStone
Sompo International has sold its Endurance at Lloyd’s runoff business to RiverStone for an undisclosed fee as it effectively becomes…
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August 30, 2022
Generali completes acquisition of AXA-Affin joint ventures in Malaysia
Generali has completed its acquisition of the majority stakes in the AXA-Affin joint ventures in Malaysia. Generali has acquired a…
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August 26, 2022
Compre continues European growth with acquisition of medical malpractice portfolio in France
Bermuda’s Compre has acquired a French medical malpractice (medmal) portfolio in a further bid to build out its medmal expertise…
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August 24, 2022
R&Q Insurance says Randall return would be ‘backwards step’ in shareholder row
R&Q Insurance Holdings has scheduled a special general meeting for September as it called on shareholders to vote against a…
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August 24, 2022
Hong Kong insurance market seeing renewed acquisition interest says PwC
Opportunities abound in the Hong Kong insurance market with increasing deal appetite from buyers and sellers, according to PwC. In…
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August 19, 2022
Global insurance M&A up 9.5% in H1 but dips in Europe
The number of global insurance mergers and acquisitions (M&A) rose 9.5% in the first half of this year compared to…