M&A
Assurant Announces Possible Sale of Health Biz; Refocusing on Core P/C Specialty
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...
Asia Growth Expected from Beazley Lloyd’s Syndicate Pact With Korean Re
Beazley and Korean Re announced a partnership to develop business together and to set up a special purpose syndicate at Lloyd's, Syndicate 6050. "We hope this collaboration will enable Beazley to ...
OneBeacon Said to Explore Sale, Drawing Interest From Fosun
OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter. OneBeacon has drawn ...
AXIS A&H Acquires Ternian Insurance Group
AXIS Accident & Health has acquired Ternian Insurance Group, a provider of voluntary, limited benefit, affordable health plans and other employee benefits coverage for hourly and part-time ...
Sapiens to Acquire IBEXI
Global software provider Sapiens International Corp. has signed a definitive agreement to acquire IBEXI Solutions Private Ltd., a business and technology solutions provider based in India. The ...
Endurance Acquiring Montpelier for $1.8B
Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger deal today, which will have Endurance acquiring Montpelier in a stock-cash deal for roughly $1.8 billion. ...
AIG Buys Controlling Stake in NSM, Expanding Specialty Lines
American International Group Inc., the largest commercial insurer in the U.S. and Canada, bought a controlling interest in NSM Insurance Group as it seeks to expand niche offerings. NSM collects more ...