acquisitions Archives - Page 3 of 3

Tokio Marine Broadens Diversification with $7.5B Purchase of HCC Insurance

Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese ...

Enstar to Pay $218M For South Carolina P&C Company

Bermuda-based Enstar Group Ltd. said it will grab Companion Property and Casualty Insurance Company from Blue Cross Blue Shield of South Carolina for $218 million. The deal represents an expansion of ...

Runoff Specialists No Longer Buyers of Last Resort in Insurer M&A

Runoff specialists are increasingly becoming visible acquirers of ongoing books of business as M&A activity heats up across the insurance industry, according to a consultant from Towers Watson. ...

Allianz CEO Diekmann: Solvency II, Basel Create Room for Acquisitions

Michael Diekmann, chief executive officer of Allianz SE said tougher financial regulation will create takeover opportunities for Europe's biggest insurer. "If Solvency II and Basel III mean more ...

Berkshire Beats Bond Rout, Other Insurers By Avoiding Bonds

Warren Buffett's preference for buying stocks and whole companies rather than bonds is helping Berkshire Hathaway Inc. weather a spike in interest rates better than other insurers. Book value rose 2 ...

Firms Still Reluctant To Make Acquisitions: E&Y Executives Survey

Companies around the world are still reluctant to go on the acquisition trail even though they are becoming more confident about the global economy, a survey found Monday. In its half-yearly ...