M&A
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 ...
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 ...