insurance mergers and acquisitions News
Arch to Buy Allianz’s Mid-Market, Entertainment Insurance Units for $450M
Arch Capital Group's North American insurance unit said on Friday it would buy the U.S. midcorp and entertainment insurance businesses from Allianz Global Corporate and Specialty SE for $450 million ...
Generali Set to Buy Some Liberty Mutual’s European Ops in $2.5B Deal
Boston-based Liberty Mutual Insurance and Generali Group announced a definitive agreement for Generali to acquire some western European operations of Liberty Seguros, S.A.—Liberty Mutual's personal ...
XL Group, Nearing Its Planned Merger With AXA, Reports a Steady Q2
As XL Group reaches the final days before its $15.3 billion sale to AXA Group goes through, the insurer and reinsurer is still doing fairly well as an independent company. XL Group/XL Catlin said it ...
Fairfax Financial Will Sell Singapore Insurer to Mitsui Sumitomo for $1.6B
Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore's First Capital Insurance for $1.6 billion from Canada's Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in ...
Watsa’s Fairfax Financial Closes ‘Most Significant’ Deal Yet: $4.9B Allied World Acquisition
Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co. Holdings, for $4.9 billion – marking ...
Zurich Completes $551M Deal to Buy Cover-More, Australia’s Largest Travel Insurer
Zurich Insurance Group has completed its $551 million acquisition of Cover-More, an Australian travel insurer and service provider that operates in Australia, India and the U.S. This transaction is ...
Most Insurance M&A Deals Haven’t Improved Financial Strength: S&P
The flurry of insurance mergers and acquisitions that yielded about $150 billion of transactions globally in 2015 may endure even after years of "patchy" results for some companies making deals, ...
Report: Zurich Pulling Together $8.4B Financing For RSA Bid
Zurich Insurance Group AG has arranged 5.5 billion pounds ($8.4 billion) in financing for the takeover of smaller rival RSA Insurance Group Plc, according to people with knowledge of the plan, ...