M&A
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 ...
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in ...
AM Best Calls $1.54 Billion Mapfre-Safety Marriage ‘Strategically Compelling’
Ratings analysts at AM Best see the pending acquisition of Safety Insurance Group by Mapfre as "strategically compelling" as the carriers have complementary geographic and product profiles. Last week ...
Mapfre to Acquire Safety Insurance in $1.5B in Cash Deal
Safety Insurance Group Inc,, a property/casualty insurer in Massachusetts and New England, has agreed to be acquired by Spain's Mapfre S.A. in an all-cash transaction valued at approximately $1.54 ...
Howard Hughes Holdings Completes $2.1B Acquisition of Re/insurer Vantage Group
Vantage Group Holdings Ltd., the Bermuda-based specialty re/insurer, announced it has been successfully acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The all-cash ...