M&A
Insurance Technology Provider Zywave Acquires Enquiron
Insurance technology provider Zywave acquired Enquiron, a Boston-based provider of risk management and consulting products and services. Financial details of the acquisition were not disclosed. ...
EU Regulators Extend Until July 27 Their Deadline on Aon/WTW M&A Deal
European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon's $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on ...
Generali Reportedly in Talks to Buy AXA Malaysia Assets
Italy's biggest insurer Generali is in exclusive talks to buy assets in Malaysia belonging to French rival AXA in a deal worth around 300 million euros ($358 million), two sources said on Tuesday. ...
Watford Holdings Closes Purchase of French P/C Insurer
Bermuda-headquartered Watford Holdings Ltd. closed its purchase of Axeria IARD, a French property/casualty insurance company. Watford has acquired 100 percent of the capital stock of Axeria IARD from ...
Aon Offers Concessions to Win EU Antitrust Approval for $30B WTW Bid
Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Monday. The sector's biggest ...
Zurich, Farmers Complete Acquisition of MetLife’s U.S. P/C Business
Zurich Insurance Group and Farmers Insurance have completed their nearly $4 billion acquisition of MetLife's U.S. property/casualty business. Zurich, which made the purchase through subsidiary ...
Carrier M&A Activity Could Reach Record Levels in 2021: S&P
Carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor's report. U.S. and Bermuda-based ...
Allstate Completes Exit From Life and Annuity Business With Sale to New York Life
The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re for $220 million. The selling of Allstate Life Insurance Company of New York (ALNY), along ...