M&A News
Hiscox Agrees to Acquire U.S. Specialist InsurTech
Global specialist insurer Hiscox announced its agreement to acquire a specialist InsurTech business focused on addressing the insurance needs of small businesses operating in sectors such as ...
CRC Group Acquires ARC in E&S Deal
Independent insurance wholesaler CRC Group said it has acquired specialty wholesale distributor ARC Excess & Surplus. Terms were not disclosed. ARC was founded in 1986 by Chris Cavallaro as a ...
Munich Re’s Ergo Buys Next Insurance; InsurTech Valued at $2.6B
Munich Re said it has acquired Next Insurance, which will become part of the reinsurer's major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo ...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets
Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.'s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public ...
‘So Much More’: Nationwide Spends $1.25B For Allstate Employer Stop Loss Biz
Nationwide announced on Thursday that it has entered into a definitive agreement to purchase The Allstate Corporation's employer stop loss segment for $1.25 billion. Stop loss insurance protects ...
U.S. Insurance Deals Outlook: More, More, More
In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024, and predicted an active year in 2025 with brokerage and MGA deals leading the way. ...
Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low
The first half of 2024 set a 15-year low for first-half insurance carrier mergers and acquisitions, according to Clyde & Co's latest Mid-Year Growth Report. The number of insurance carrier ...
Legacy Firm Deal: Fairfax’s Riverstone Buying DARAG’s N. Am., Bermuda Ops
DARAG Group, the Malta-based legacy acquisition company, announced it has agreed to sell its North American and Bermuda business entities to the RiverStone Group, a subsidiary of Fairfax Financial ...