M&A
Wait Before You Ask About AIG’s Next M&A Target
Now that American International Group has finally closed its $5.6 billion acquisition of Validus Holdings, an unspoken question has been: What's the next acquisition target? The issue came up during ...
To AIG CEO Duperreault, the Path to Profitability Is ‘Not a Straight Line’
After a disappointing second quarter, AIG CEO Brian Duperreault restated his pledge that the struggling insurer would reach an underwriting profit after 2018. He also cautioned that the road to ...
AXA Redeems Itself With Strong First-Half Earnings
Axa SA gave under-fire Chief Executive Officer Thomas Buberl a needed boost with first-half earnings that beat estimates and growth in new business. Axa, posting its first results since a ...
Global Insurance M&A Rises in H1; Bermuda Generates Much of the Activity
Global Insurance M&A transactions climbed in the 2018 first half, with 186 deals completed worldwide, according to a new Clyde & Co. report. That number is up from 180 in the 2017 second ...
XL Group, Nearing Its Planned Merger With AXA, Reports a Steady Q2
As XL Group reaches the final days before its $15.3 billion sale to AXA Group goes through, the insurer and reinsurer is still doing fairly well as an independent company. XL Group/XL Catlin said it ...
Broker Ryan Specialty Group to Acquire Some Assets of Rival ARC Specialty
Ryan Specialty Group disclosed it has agreed to acquire some assets of a rival. Specifically, the Chicago-based broker also known as RSG will buy some assets of ARC Specialty Brokerage, a wholesale ...
Kemper’s Personal Auto Insurance Growth Soars
Kemper Corp. is celebrating a boost in net income for the second quarter thanks to "significant growth" in its personal automobile division, a few weeks after closing its recent $1.3 billion ...
China’s Fosun International Mulls Takeover of Belgian Insurer Ageas
Fosun International Ltd., the Chinese group backed by billionaire Guo Guangchang, is considering an offer for all or parts of Belgian insurer Ageas in what could be its boldest move to expand its ...