M&A
AmTrust Halfway Toward Focusing More on Local Markets With Surety Sale to Liberty Mutual
AmTrust Financial Services has completed the sale of some of its global surety operations to Liberty Mutual Insurance, the first piece of a two-part deal designed to help it focus more on local ...
Allianz Grabs Two U.K. Insurance Businesses for $1 Billion Price Tag
Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The ...
The Hartford Completes Its $2.1B Acquisition of Navigators on May 23
The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. "This acquisition is a significant milestone for our ...
Determining Lemonade Investors’ Likely Exit Strategy
Now that Lemonade has raised nearly $500 million in financing to date and is pursuing an international expansion, speculation has begun as to what the exit strategy will ultimately be for investors ...
Acquisition Alert: Generali Seeking Small and Medium-Sized Targets
Italy's biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up ...
Munich Re Subsidiary Sells Turkish P/C Arm to German Insurer Talanx
The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of the transaction where not disclosed. Talanx purchased ERGO ...
Kemper Boosts Premiums and Net Income, Benefiting From $1.3B Infinity Acquisition
Kemper Corp. reported a significant jump in net income during its 2019 first quarter, thanks largely to premium gains and a surge stemming from its acquisition of Infinity Property and Casualty Corp. ...
Allianz Reportedly Considering Bid for Deutsche Bank’s Asset Management Business
Allianz and Amundi are both considering deals to take over Deutsche Bank's asset management unit DWS, sources close to the matter said on Wednesday. Germany's biggest bank is looking at a possible ...