M&A
FTC Review Delays Verisk’s $650M EagleView Deal
Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has been delayed amid a review by antitrust regulators. The ...
Catalina Agrees to Acquire Danielson Indemnity
Catalina Holdings (Bermuda) Ltd. has signed a definitive agreement to acquire Danielson Indemnity Company, the holding company of National American Insurance Company of California and Danielson ...
Tower Group, Now Part of ACP Re, Gets a Ratings Boost
Now that Tower Group International is a part of Bermuda-based reinsurer ACP Re Ltd., its financial ratings have stopped dropping and are improving. A.M. Best said it upgraded the financial strength ...
Willis Re Grabs Firm With Expertise in Accident and Health Insurance
Willis Re said it will snatch up the assets of a specialized professional advisory and reinsurance broking firm, giving it a boost in the North American accident and health insurance sector. The ...
What Analysts Expect in 2015: Lower Rates, More M&A, Underwriting Losses
Analysts seem to agree on a few things, at least, about what the property/casualty insurance industry can expect through the end of 2014 and into 2015. Reinsurance consolidation is coming, they say. ...
Buffett’s Berkshire Hathaway Decides It Likes Cable
Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday. ...
U.S. P/C Insurance M&A Gaining a Foreign Flavor
Insurance mergers and acquisitions often provide signs pointing to the direction where the industry is heading. Reading the signs today reveals a strong foreign element. In 2014 there has been a ...
P/C M&As Are Alive and Well—They’re Just Different
We hear and read that merger and acquisition (M&A) activity in the property/casualty insurance industry is fading. Without a doubt, it isn't what it used to be. Deal transaction volume and values ...