M&A
A Post-Merger SiriusPoint Makes Its Debut
SiriusPoint Ltd., a Bermuda-based international specialty insurance and reinsurance company, has formally launched, the creation of a merger between two specialty companies. Specialty reinsurer Third ...
Aviva Reportedly Extends Bid Deadline for Polish Operations Over Santander Contract
Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key ...
For Insurers in 2021, M&A Will Enable Streamlining and Tech Advances: Bain
Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and M&A will help them get there as it did in 2020, according to a new Bain ...
Global Insurance M&A Holds Its Own Despite Pandemic Challenges
There were 407 completed insurance sector mergers and acquisitions worldwide in 2020, down from 419 the previous year, according to a report published by global law firm Clyde & Co. An ...
Aon’s $30B Bid for Willis Towers Watson Raises Australian Antitrust Doubts
Australia's competition regulator on Thursday raised initial concerns over Aon's $30 billion bid for Willis Towers Watson to create the world's largest insurance broker, close on the heels of a ...
American Family Closes Purchase of Digital Exchange Bold Penguin
Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring digital exchange Bold Penguin, a startup designed to simplify the process of obtaining small business insurance. ...
Spurned Buyer: CoreLogic Discloses Unsolicited Bid After Already Accepting Another Offer
CoreLogic disclosed it has received an unsolicited bid from a rival, two weeks after the data and analytics firm agreed to a $6 billion acquisition from two private equity firms. CoStar Group, a ...
Progressive Will Grab Transportation Insurer Protective for $338M
The Progressive Corp. will acquire Indiana-based trucking industry insurer Protective Insurance Corp. for $338 million in cash - a move that will increase its stake in the commercial lines insurance ...