M&A

  • Greenlight
    News

    Greenlight Re garners interest for live transaction

    2019-08-21T19:59:00Z

    Greenlight Re is drawing approaches from potential buyers thought to include Topsail Re and Sirius that are interested in pursuing a live transaction that would keep the hedge fund reinsurer from going into run-off, The Insurer can reveal.

  • Ken Randall – R&Q
    News

    R&Q provides legacy reinsurance for a Bermuda domiciled captive

    2019-08-22T06:42:00Z

    London-listed legacy and programme specialist R Q has issued loss portfolio transfer reinsurance for a US-based airline via its wholly owned A- admitted carrier, Accredited Surety and Casualty Company.

  • R&Q share price
    News

    R&Q unveils trio of new program partnership deals

    2019-08-21T06:41:00Z

    Randall Quilter subsidiaries Accredited Surety Casualty Inc  (Accredited US) and Accredited Insurance (Europe) have entered into two new program partnerships, as well as extending an existing one.

  • Jen Cap and River Valley Underwriting
    News

    JenCap to buy program platform Aran

    2019-08-21T03:55:00Z

    Expansive Carlyle-backed wholesale consolidator JenCap Holdings has agreed a deal to buy specialty program administrator Aran Insurance Services Group.

  • Merger and acquisition
    News

    Midsize and ILS deals to fuel reinsurance M&A

    2019-08-16T21:06:00Z

    An S P report predicts reinsurance M A will pick up in the next two years with acquisitions similar to the recent deals for XL and Nephila, but the ratings agency suggests the benefits of such transactions is not always clear.

  • intact-financial
    News

    Intact buys specialty insurer and MGU from Princeton Holdings for C$1bn

    2019-08-15T21:02:00Z

    Intact Financial has agreed to pay C$1bn ($750mn) to acquire Canadian specialty lines insurer The Guarantee Company of North America and managing general agent Frank Cowan from Princeton Holdings.

  • Arch
    News

    Arch confirms Ventus deal as Reeth retirement announced

    2019-08-14T21:58:00Z

    In a move first revealed by The Insurer , Arch Insurance North America has confirmed a deal to buy specialty property MGU Ventus Risk Management that will allow it to add third party capital alongside its own product offerings.

  • Fed Nat – lawsuit
    News

    FedNat receives Maison acquisition approval

    2019-08-14T16:36:00Z

    FedNat has received regulatory approvals from Florida and Louisiana for its $51mn Maison acquisition, with the Florida insurer separately tweaking its 2019-2020 reinsurance programme. 

  • Mechanic Group
    News

    Specialty Program Group buys The Mechanic Group

    2019-08-12T22:33:00Z

    Hub International’s expansive program underwriting platform has added another MGA to its stable with a deal to buy security insurance specialist The Mechanic Group (TMG).

  • Brown & Brown
    News

    Brown & Brown buys WBR Insurance

    2019-08-09T12:26:00Z

    US broker Brown Brown has acquired Virginia-based insurance agent WBR Insurance and all of its subsidiary brands – Wilson Insurance Agency, Bell Insurance Agency Corporation and Robertson Insurance Agency.