M&A News
Generali CEO Donnet Mulls $3.3B Investment in Acquisitions
Assicurazioni Generali SpA, Italy's biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief ...
Kemper’s 2018 Infinity Acquisition Is the Gift That Keeps on Giving
Kemper Corp.'s produced mostly stellar 2019 second-quarter results, highlighted by a continued boost from its July 2018 $1.3 billion acquisition of specialty auto insurer Infinity Property and ...
M&A Drives Still-Growing Demand for Transitional Risk Insurance: Marsh
Use of transactional risk insurance significantly increased in 2018. Policy limits in excess of $1 billion are now available for single transactions as private equity firms and strategic investors ...
Acquisition Alert: Generali Seeking Small and Medium-Sized Targets
Italy's biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up ...
Kemper Boosts Premiums and Net Income, Benefiting From $1.3B Infinity Acquisition
Kemper Corp. reported a significant jump in net income during its 2019 first quarter, thanks largely to premium gains and a surge stemming from its acquisition of Infinity Property and Casualty Corp. ...
Carriers Will Increasingly Target InsurTechs for Investment, Acquisition in 2019: Deloitte
Carriers will increasingly seek InsurTech startups as investment and eventual M&A targets in 2019, according to Deloitte's predictions outlined in a new report. "Insurance companies' appetite for ...
AIG Sells Off Stake in China’s PICC Group With Few Gains
American International Group Inc. bought into The People's Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time -- ...
Global Insurance M&A Grew 9 Percent in 2018; Short-Term Drop-Off Likely: Clyde & Co.
Global insurance sector mergers and acquisitions increased by 9 percent in 2018, with the Americas showing the most active deal activity, according to a new Clyde & Co. report. There were 382 ...