M&A
AmTrust Completes $55M Purchase of Genworth Financial’s Mortgage Insurance Division
AmTrust Financial Services has concluded yet another acquisition, this time in the mortgage insurance realm. The New York City-based multinational insurance company recently completed its purchase of ...
M&As Should Drive Focus on Brand & Culture
Mergers and acquisitions in the insurance industry are up, both in number and size of deals. A.M. Best, Conning, Reagan Consulting, the Independent Insurance Agents & Brokers of America, Mercer ...
Japanese M&A Wave to Continue in U.S. Insurance Market: Bankers
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn't over yet, industry dealmakers said on Tuesday. Japan has a number of large, ...
ACE/Chubb Merger Makes it a Major U.S. P/C Player: Fitch
The massive $29.5 billion ACE/Chubb merger in 2015 vaulted the combined company to seventh place in the U.S. property/casualty insurance market. But the remaining top 10 rankings saw few other ...
Accenture and Apax Partners Team on Insurance Software Venture
Global professional services company Accenture and Apax Partners, a global private equity firm, have agreed to form a joint venture to accelerate the innovation of claims, billing and policy ...
AmTrust Seeks to Boost Lloyd’s Presence With Latest Acquisition
AmTrust Financial Services said it has agreed to buy specialty insurance company ANV Holdings B.V. and its Lloyd's affiliates for $218.7 million in cash. The seller is the Ontario Teachers' Pension ...
White Mountains Closes $2.6B Sale of Reinsurer Sirius to China Minsheng Investment
White Mountains Insurance Group Ltd. completed its $2.6 billion sale of Sirius International Insurance Group to a division of China Minsheng Investment Corp. Ltd., nine months after the deal with ...
Ironshore Acquires Remainder of Tennessee Surety Bond Specialist
Ironshore Inc. is diving deeper into the surety market with plans to buy up the remaining 80 percent of an insurance holding company specializing in surety bonds that it doesn't already own. The ...