M&A
Markel’s Plans to Snatch Up Nephila Holdings Will Give It a Dominant ILS Market Stake
Specialty insurer Markel Corp. will acquire Nephila Holdings, a standalone insurance-linked securities manager. Plans call for closing the deal, pending regulatory approvals, in the 2018 fourth ...
TransRe Grabs Some U.S. Renewal Rights From Maiden Re, Whose North America Arm Is for Sale
TransRe has acquired the renewal rights to Maiden Re's U.S. treaty reinsurance underwriting business for an undisclosed price, even as talks to sell Maiden's North America arm are in "advanced ...
Aspen Insurance Will Go Private in $2.6B Sale to Investment Manager Apollo
Aspen Insurance Holdings Ltd said on Tuesday certain funds affiliated to alternative investment manager Apollo Global Management LLC will take the insurer private in an all-cash transaction valued at ...
Allstate Will Acquire Identity Protection Company in $525M Cash Deal
The Allstate Corp. is expanding into the identity protection space with a planned $525 million acquisition of InfoArmor Inc. Allstate will pay cash for the privately held Scottsdale, Ariz. company ...
The Hartford CEO Swift Said He Long Admired Navigators Before Pursuing M&A Tie-Up
It turns out that The Hartford's planned $2.1 acquisition of The Navigators Group is a great example of corporate patience. As The Hartford CEO Christopher Swift explains it, his company's interest ...
The Hartford, Eyeing Specialty Markets, Will Grab Navigators in $2.1B Cash Deal
The Hartford plans to snatch up The Navigators Group in a $2.1 billion cash deal that will boost its specialty insurance and reinsurance offerings while giving it a larger global reach. Plans call ...
Stock for UK’s Esure Soars on Possible $1.5B Bain Capital Offer
Britain's esure is in advanced talks over a possible 1.17 billion pound ($1.49 billion) bid from Bain Capital Private Equity, the insurance company said on Monday, sending its shares more than 30 ...
Starr Agrees to Snatch Up Aspen’s Aviation Business
Starr Insurance Companies said it will acquire Aspen Insurance's aviation business. Neither side is disclosing the price for the renewal rights, though the aviation book value is worth more than $50 ...