M&A
StrategicClaim, a Software/Services Company Focused on Claims, Expands With an Acquisition
StrategicClaim, a P/C software and services company focused on claims, has made an acquisition. The Burlington, Mass. operation, which provides first notice and resolution services and software to ...
Sirius Plans to Access Public Markets Though Easterly M&A Deal
Sirius International Insurance Group is hitting the public markets in a bid to raise capital, pursue acquisitions and grow. "Access to the public equity markets will facilitate and accelerate our ...
Merger On Their Minds: Most Insurance Execs On the Hunt for Deals, KPMG Says
Eighty-one percent of insurance executives surveyed for a new report from KPMG International said they expect to seek at least one and as many as three acquisition targets or partnership ...
AIG Acquiring UK Group Life Co. From Munich Re
On Wednesday, American International Group and Munich Re announced today that AIG Life Ltd. (AIGLL), a UK subsidiary of AIG Life & Retirement, agreed to acquire Ellipse, a specialist provider of ...
P/C Insurance Trade Groups AIA and PCI Plan to Merge
Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) ...
Tokio Marine Agrees to Pay $390M For IAG Ops in Southeast Asia
Tokio Marine Holdings, Inc. announced yesterday that it has entered into a definitive agreement to acquire Thailand and Indonesia insurance businesses of Insurance Australia Group Limited ("IAG") for ...
MAPFRE To Exit NY, NJ Markets; Strikes Deals With Plymouth Rock
MAPFRE Insurance has entered into definitive agreements with affiliates of The Plymouth Rock Company to exit the states of New York and New Jersey as part of MAPFRE's previously announced strategy to ...
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...