M&A
At-Bay to Be Acquired by Munich Re for $575 Million
Munich Re Group on Aug. 19 said it has agreed to acquire cyber InsurTech At-Bay Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- ...
Willis Re Jumpstarts US Expansion With Buy of BMS Re, US
To establish an operational presence in the U.S., reinsurance broker Willis Re on Aug. 18 said it is acquiring BMS Re, US. The deal includes BMS Intermediaries Inc. and BMS Capital Advisory LLC, as ...
Thoma Bravo to Take Accelerant Private in $4 Billion Deal
Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New ...
AXA XL to Acquire S-RM
AXA XL, which currently holds approximately 49% of S-RM, said it has entered into an agreement to acquire the remaining shares of the company. S-RM, a specialist corporate intelligence and ...
Another M&A Deal: AXIS Acquiring DUAL NA XS Liability Biz
AXIS Capital announced that it has agreed to acquire the renewal rights to the excess liability business of DUAL North America ("DUAL"). DUAL is a specialty program administrator and part of DUAL ...
The Hartford To Acquire Equitable’s Employee Benefits Biz
In a deal designed to boost The Hartford's growth in the small and midsized employer segment, the Connecticut-based insurer announced a deal to acquire Equitable's Employee Benefits business, ...
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal
American Family Mutual Insurance Co. has agreed to buy all outstanding shares of specialty insurer Bowhead Specialty Holdings Inc. for about $1.2 billion in cash. Under the terms of the transaction, ...
Mapfre Acquiring Tuio Stake; Bolsters Commitment to AI, Digital Innovation
Just a week after revealing a $1.5 billion deal to acquire U.S.-based Safety Insurance Group, Spain's Mapfre has announced a deal closer to its European roots—taking a 38.9% stake in the Spanish ...