acquisition
US insurer Aetna announces acquisition of Coventry Health Care for $7.3 billion
The US insurance giant Aetna will acquire managed health care company Coventry in a transaction valued at $7.3 billion, the two companies announced early...
LGP : three new lettings with TK Maxx
Legal & General Property announces three new lettings with TK Maxx, the fashion and homeware retailer, across three of its funds, representing circa 51,000...
CVV completes first 2012 acquisitions
Insurance intermediary group CVV have completed their first two acquisitions of 2012.
In the deals Lyon Insurance Services, a specialist insurance provider for guest houses,...
S&P affirm German Talanx after acuisition
Standard and Poor's today affirmed their 'A+' rating on German insurer Talanx, after the company announced a complete acquisition of Polish based Towarzystwo Ubezpieczen...
Barbican makes second takeover big for Omega
Barbican Insurance has made a new takeover bid for rival Omega Insurance, four months after backing away from the deal.
In a letter sent to...
ING Asia deal worth £4.16b
Shares in insurance giant AIA jumped by more than three per cent Thursday after reports this week that the company may be looking to...
AIA eyes ING asian operations
AIA Group Ltd is exploring the possibility of an acquisition of Dutch ING's Asian operations, valued at around £3 billion pounds.
AIA, which is about...
Hyperion talking of Lloyd’s syndicate acquisition
The Hyperion Group has confirmed that it has entered into talks with Windsor Limited, a syndicate of Lloyd's of London, about an acquisition of...
Increased consolidation in 2012: Fitch
Beazely's renewed interest in acquiring Hardy is a foreshadow of increased consolidation next year, Fitch Ratings has said.
Low valuations and the implementation of Solvency...
Simplyhealth to take over Denplan
Simplyhealth has announced its plan to acquire Denplan, the UK's leading dental provider, in a GBP115 million cash deal.
Denplan, previously owned by The AXA...
Beazley set to acquire Hardy … again
Beazley Insurance has confirmed its interest in buying insurance rival Hardy Underwriting.
In a statement released today, Beazley said it would explore the possibilities “of...
Acquisition : Resolution to Phoenix for 1.2 billion pounds in shares
According to the Sunday Times, insurance takeover specialist Resolution, is in advanced talks to acquire rival Phoenix Group for 1.2 billion pounds in shares.
Resolution,...
S&P : lowered Transamerica International Reinsurance Ireland rating
Standard & Poor's Ratings Services today lowered its long-term counterparty credit and insurer financial strength ratings on Ireland-based Transamerica International Reinsurance Ireland Ltd. (TIRI)...
Acquisition : Assurland.com to be sold by the end of June
Assurland.com belongs to French mutual insurance giant Covea, which is composed of Maaf, MMA and GMF. The current discussions are in their “final strait...
Swiss Re : Swiss Re to acquire selected life insurance business from American Life Insurance Company
Swiss Re will acquire approximately 300 000 policies and GBP 1.6 billion in assets from American Life Insurance Company. The transaction demonstrates Swiss Re's...
Standard Life Investments UK Property Fund acquires prime shopping park
Standard Life Investments has today announced, on behalf of its UK Property Fund, the £20.675m freehold acquisition of The Gateway Shopping Park, Trowbridge, Wiltshire...
Acquisition : Ageas UK acquires Castle Cover Limited
Ageas UK (formerly Fortis) acquired Castle Cover Limited for a sum of GBP 52.8 million.
The purchase is part of Ageas UK's multi-distribution strategy and...
Acquisition : Aegis moves into South Africa with the acquisition of Clickthinking
Aegis Group plc (“Aegis”), the media communications and market research group, announces that it has acquired Clickthinking Online (Pty) Limited (“Clickthinking”) in South Africa....
Acquisition : Resolution confirmed acquisition of Bupa Health Insurance
Resolution confirmed it has completed the acquisition of the Bupa Health Assurance Ltd (BHA) business comprising Bupa Group Risk and Bupa Individual Protection.
Initially, it...
Amlin to acquire Lead Yacht Underwriters
Amlin plc is pleased to announce that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht Underwriters Limited ("Lead Yacht")...
