M&A

$5B is Magic Number for M&A Deals: Catlin CEO

Stephen Catlin, who is selling his Lloyd's of London insurer to XL Group Plc for $4.2 billion, expects the pace of mergers among smaller insurers to gather pace. "Anyone who has got a market value of ...

Marsh Acquires Belgian Trade Credit Insurer

Insurance broker Marsh announced Wednesday that it has acquired Trade Insure NV, a leading distributor of credit insurance policies in Belgium. Terms of the transaction were not disclosed. Founded in ...

UPC Insurance to Acquire Family Security Holdings

United Insurance Holdings Corp. (UPC Insurance) said it plans to acquire Family Security Holdings LLC for $9 million. The transaction is expected to close by Jan. 31, 2015. FSH is an insurance ...

Program Market a Target for Expansion, Good & Bad

The program insurance business market enjoyed its third consecutive year of growth in 2013 and appears on track to continue its expansion. However, while program business is attracting new interest, ...

MAPFRE Seeking Acquisitions in Europe and U.S.

MAPFRE SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn't constrained by regulators' efforts to ...

Internet of Things Fuels Billions in Tech M&A Deals

Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report ...

Arch Agrees to Take Full Ownership of Gulf Re

Arch Capital Group Ltd. agreed to take complete ownership of Gulf Reinsurance Ltd. after losses on a venture that was backed by oil-producing nations. Arch will also take on liabilities from ...