All M&A articles
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NewsR&Q pushes back shareholder vote deadline as £482mn buyout threshold tantalisingly close
Randall & Quilter (R&Q)’s shareholder vote over its £482mn ($602mn) go-private transaction with Brickell has been adjourned after the deal fell short of the required 75 percent majority approval.
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News
Alera buys P&C agency West Michigan Insurance
Alera Group has announced the acquisition of property casualty agency West Michigan Insurance, the second deal the private equity-backed broker consolidator has announced this month.
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News
Aviva enters exclusive talks to acquire with Azur’s HNW unit
Aviva has entered into exclusive negotiations with specialist London MGA Azur Underwriting to acquire its high-net-worth (HNW) personal lines business in the UK and Ireland.
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News
High noon for controversial R&Q £482mn take-out offer
Shareholders in London-listed Randall & Quilter (R&Q) will later today vote on the tabled £482mn ($602mn) go-private deal, which will see the firm sold to its largest investor if it is approved by a 75 percent majority of its shareholders.
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News
Starr acquires Thai non-life insurer FPG
Starr Insurance Companies has agreed a deal with FPG Insurance Holdings Limited and local shareholders to purchase the company’s Thai subsidiary FPG Insurance Public Company Limited (FPG Thailand).
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News
MGA Fusion builds team to launch new online M&A solution for US SMEs
MGA Fusion Specialty has announced the launch of Fusion Americas, a new online M&A insurance offering for SMEs in the US, with managing partner Brian Hayes leading the project.
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News
Allianz completes acquisition of Jubilee General in Tanzania
Allianz has completed its acquisition of a majority stake in Jubilee General Insurance Company in Tanzania, as the German insurer continues to strengthen its foothold in Africa.
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Analysis
Howden Tiger combined revs of $340mn+ will exceed JLT Re; Flexpoint to exit
The proposed combination of Howden Re and TigerRisk will create a reinsurance intermediary with 2022 revenues thought to be significantly in excess of $300mn and above those of JLT Re before it was swept up by Guy Carpenter in 2019, analysis by this publication shows.
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News
Howden closing in on TigerRisk deal
Ambitious intermediary Howden Group is in advanced talks to buy TigerRisk in what would be a transformative deal for its reinsurance arm, The Insurer understands.
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News
PCF bolsters marine capabilities with Belter acquisition
Broker consolidator PCF Insurance Services has strengthened its marine capabilities with the acquisition of Belter Insurance.
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News
Expansive PIB acquires Spanish broker Tractio
Private equity-backed broker consolidator PIB Group had continued its European build-out with the acquisition of Spanish specialist broker Tractio.
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News
Gallagher buys Midwest real estate specialist Hruska
Arthur J Gallagher has acquired Illinois-based Hruska Insurancenter, a retail property casualty brokerage with a focus on commercial real estate clients, including condominiums and apartment complexes.
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News
Buesnel: Tysers poised for accelerated growth with new AUB ownership
On the eve of its 200-year anniversary celebrations, Lloyd’s oldest trading broker is finally in a position to plan strategically for the long term within the new, supportive framework of an insurance trade owner, Tysers CEO Clive Buesnel has exclaimed.
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News
AUB CEO declares Tysers deal “exceptionally positive” for Lloyd’s
Lloyd’s and the wider London insurance market will benefit substantially from AUB Group’s £500mn+ (A$880mn) agreed acquisition of Tysers, the CEO of the Australian group has said in an exclusive interview with The Insurer TV.
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News
Choice racks up sixth acquisition since Northlane investment
Choice Financial Group has acquired Pennsylvania-based Fonner Insurance Associates, its sixth acquisition since it received investment from Northlane Capital Partners in October last year.
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News
FTI: Russia-Ukraine and spiralling inflation hit European insurance M&A in Q1
A combination of the conflict in Ukraine, rising interest rates and inflationary pressures has seen insurance deals in Europe fall year on year, according to consultancy firm FTI’s latest European Insurance M&A Barometer.
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News
Howden continues Singapore expansion with agency acquisition
Howden has expanded its Asian presence with the acquisition of Singapore-based Aegis Insurance Agencies Pte.
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News
GRP returns to M&A with swoop for commercial broker Castle Insurance
Global Risk Partners (GRP) has returned to M&A with a deal to buy Castle Insurance Services, its first transaction since the news that the UK consolidator is to be acquired by US retail broker Brown & Brown.
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News
Intact eyeing North America acquisition with circa C$1bn warchest at hand
Intact Financial Corporation is eyeing a potential US or Canadian acquisition later this year with the Toronto, Canada-headquartered carrier having some C$1bn ($770mn) to possibly deploy on a transaction, the company’s management team said on Wednesday.
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News
Expansive broker Relation makes double deal swoop
Aquiline-backed Relation Insurance Services has announced the acquisitions of South Carolina-based The Wills Agency and Guaraldi Insurance in New Hampshire.
