M&A
Most Insurance M&A Deals Haven’t Improved Financial Strength: S&P
The flurry of insurance mergers and acquisitions that yielded about $150 billion of transactions globally in 2015 may endure even after years of "patchy" results for some companies making deals, ...
Zurich Closes $700M Acquisition of Crop Insurer from Wells Fargo
Zurich Insurance Group closed its acquisition of America's leading agriculture insurer, a deal that gives it a much larger stake in the sector at a time when it is trying to diversify operations. ...
Guidewire to Acquire EagleEye Analytics
Guidewire Software has agreed to acquire EagleEye Analytics, a provider of SaaS-based predictive analytics products specifically designed for property/casualty insurers. Financial terms were not ...
China Tech Outfit Discloses Intent to Buy Unnamed Reinsurance Group
A Chinese high-tech operation said it plans to snatch up a group of reinsurance companies in a diversification move. China Goldjoy Group Ltd., formerly known as World Wide Touch Technology Holdings ...
Asia Investment Grabs Big Chunk of Global P/C M&A Pie: Conning
Insurance industry M&A truly went global in 2015, and a noteworthy chunk of the attention came from China and Japan. Conning summarizes the scope of this in a new report, and the author said he ...
Ironshore International Acquires Savannah Insurance Agency
Ironshore International has acquired Savannah Insurance Agency of Sydney, Australia, effective immediately. Savannah Insurance Agency's team of underwriters will join Ironshore Australia's offices, ...
PartnerRe Adds ‘CEO’ to Company President’s Title
PartnerRe, now owned by Italian investment firm EXOR after a $6.9 billion acquisition, has added "CEO" to company president Emmanuel Clarke's title. The Bermuda-based reinsurer said that Clarke will ...
Ironshore’s New China-Based Parent Fosun May Put It Through an IPO
Ironshore Inc. disclosed that China-based parent Fosun International Ltd. – which completed its acquisition just four months ago – is mulling an initial public offering for the Bermuda-based ...