acquisition
External growth : Allianz ready to shop for insurance firms
German insurer Allianz has set aside a billion euros (1.37 billion dollars) for future acquisitions but will take its time and shop carefully, chief...
Acquisition : AXA UK life integrates with Friends Provident
Resolution today confirmed it has completed the acquisition of the AXA UK life businesses comprising protection, corporate benefits and annuities.
The combined business is now...
Acquisition : ACE to acquire Rain and Hail Insurance Service for $1.1 Billion
ACE Limited announced today that it has signed a definitive agreement to acquire all of the outstanding common stock of Rain and Hail Insurance...
Acquisition : Oval acquires insurance broking specialists O’Neill and Bramwell
O'Neill and Bramwell specialise in providing insurance broking services to the advertising, production and event industries. The company established for ten years has a...
Maiden Holdings announces agreement to acquire GMAC International Insurance Services
Maiden Holdings, Ltd today announced that it has entered into a definitive agreement to acquire the majority of the reinsurance-related infrastructure, assets and liabilities...
Resolution buys AXA businesses in UK for 2.75 bln pounds
British investment group Resolution said Thursday it has agreed to buy French insurer AXA's British life insurance and savings units for 2.75 billion pounds...
QBE rumoured to acquire IAG
QBE Insurance Group Ltd. may be considering a takeover offer for Insurance Australia Group Ltd., the Australian Financial Review said in its Street talk...
Hub International acquires Mones & Associates Insurance brokers from AVIVA Canada
Hub International Limited announced today that it has acquired Mones & Associates Insurance Brokers Inc., one of the largest personal and commercial insurance brokers...
AXA to launch a rights offer to raise €2 billion to finance acquisition opportunities
French insurer AXA SA launched a rights offer to raise 2 billion euros (1.79 billion pounds) to part fund growth plans, the company said...
AXA announced today a joint offer with AMP whereby AXA would acquire 100% of AXA APH’s Asian businesses
AXA announced that a joint offer was submitted by AMP and AXA to the AXA Asia Pacific Holdings (“AXA APH”) board on November 6,...
Groupama Insurances announces its 2010-2012 strategic plan
Groupama has confirmed its strategy to increase growth in Europe with an objective of a premium income of €20bn through organic growth by 2012.
Groupama’s...
Barclays buys insurer Standard Life for £226 million
Barclays bought the bank arm of insurer Standard Life for 226 million pounds on Monday to build up its mortgage and savings business.
The country's...
Aon acquires leading provider of executive liability risk management services
Aon Corporation, the global provider of risk management services, today announced that it has agreed to acquire Carpenter Moore Insurance Services, Inc., a leading...
Cooper Gay acquires U.S. reinsurance broker Reinsurance.com
Cooper Gay, the independent insurance and reinsurance broker, has announced the acquisition of the majority shareholding in Reinsurance.com.ar LLC, the Florida-based specialist reinsurance broker....
Direct Group completes debt refinancing
Direct Group has completed a major debt refinancing to provide further funding for the group’s market consolidation strategy.
The facilities, arranged by Lloyds TSB Corporate...
Guy Carpenter to acquire London based reinsurance broker Rattner Mackenzie
Guy Carpenter & Company, LLC, the risk and reinsurance specialist, announced today that it has entered an agreement to buy all of the issued...
Willis acquires 100% of its Argentina Businesses to form Willis Argentina S.A.
Willis Group Holdings, today announced that it has completed the purchase of 100 percent of the share capital of Herzfeld Willis S.A. (Retail...
Flagstone Re completes purchase of remaining stake in Flagstone Reinsurance Africa
Flagstone Reinsurance Holdings Limited announced today that it has reached an agreement to become the sole shareholder of...
Aon acquires Progres in Poland
Aon Poland has acquired Dom Brokerski Progres S.A. and Progres Services Sp z.o.o., the leading automotive brokerage firm in the Polish market. Financial terms...
PartnerRe gains shareholder approval for the Acquisition of Paris RE
PartnerRe Ltd. announced that at a Special General Meeting held today, PartnerRe shareholders approved all of the proposals unanimously recommended by the Company’s Board...
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