M&A
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 ...
RenRe’s Deal for Platinum Could Spur More Reinsurance M&A: Fitch
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings could spark more merger and acquisition activity among reinsurers, Fitch Ratings said last week, ...
$1.9B Deal for Platinum Gives RenRe Bigger U.S. Casualty Share
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...
Securian to Buy $16.4B Asset Manager From Stone Point
Securian Financial Group Inc., the insurer formed in 1880, agreed to buy a majority stake in Asset Allocation & Management Co. from a private-equity fund overseen by Stone Point Capital LLC. The ...
Hamilton Acquiring Lloyd’s Sportscover
Hamilton Insurance Group said today that it has entered into a share purchase agreement to acquire Sportscover Underwriting Limited, a Lloyd's managing agent which manages Syndicate 3334, and Kinetic ...
U.S. P/C Small Business Insurance Market Ripe for Consolidation: Conning
If heavy competition breeds consolidation, then property/casualty small business insurance is ripe for it in the coming years. Here's why: Both large and small insurers devote lots of attention to ...
PCI Recap: QBE NA CEO Sets Record Straight on Middle-Market Biz
The middle-market segment is a valuable component of the business of QBE North America, the chief executive officer said during a recent interview, putting to rest rumors that the segment is up for ...