M&A
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Acknowledging Predecessor, New Travelers CEO Schnitzer Pledges Continued Innovation
The Travelers Companies reached a major milestone on Jan. 21 when the property/casualty insurance giant holding its first earnings call under new CEO Alan Schnitzer. Executives appeared to go out of ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
U.K. Insurer Aviva Targets North America with $402M Canadian Acquisition
Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...
Aspen Buys AgriLogic, Bringing More Changes to U.S. Crop Insurance
Aspen Insurance Holdings snatched up AgriLogic Insurance Services, a Kansas-based crop insurer and agriculture consultant, bring more changes to a sector that has already seen a spike in buying and ...
Auto Liability Will Buck Price Declines, and Other Marsh 2016 Predictions
Pricing may be plunging across much of the U.S. casualty market in 2016, but not for auto liability. Higher pricing and reduced capacity will likely hit automotive liability over the next year, ...
ACE and Chubb Set to Close Their Mega-Merger Deal
ACE Ltd. and Chubb were set to close their $29.7 billion merger agreement on Jan. 14 – a scant six months after the companies first announced their surprise deal. The Chubb name will represent the ...