M&A News
Sirius Plans to Access Public Markets Though Easterly M&A Deal
Sirius International Insurance Group is hitting the public markets in a bid to raise capital, pursue acquisitions and grow. "Access to the public equity markets will facilitate and accelerate our ...
Tokio Marine Agrees to Pay $390M For IAG Ops in Southeast Asia
Tokio Marine Holdings, Inc. announced yesterday that it has entered into a definitive agreement to acquire Thailand and Indonesia insurance businesses of Insurance Australia Group Limited ("IAG") for ...
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
PartnerRe Acquires Canadian Predictive Analytics Company
PartnerRe Ltd. disclosed it has acquired Claim Analytics, a Canadian-based company focused on predictive analytics products and services for insurers. Financial terms were not disclosed. The ...
Assurant Closes $2.5B Acquisition of The Warranty Group
Assurant has closed its $2.5 billion acquisition of rival The Warranty Group, seven months after the deal was first announced. Assurant, based in New York, offers insurance and related services for ...
Shareholders Sign Off on Kemper’s Planned $1.3B Acquisition of Infinity Property and Casualty
Kemper Corp.'s plan to acquire Infinity Property and Casualty Corp. in a $1.3 billion cash and stock deal cleared a major hurdle, with shareholders of both companies signing off on the plan by a wide ...
Much More M&A Is Coming as Companies Seek Scale/Tech Advances: A.M. Best
Expect more property/casualty insurance and reinsurance M&A deals in the months ahead — particularly among smaller carriers — as companies continue seeking scale and technology to improve ...
XL Group Execs Depart, Jobs Shift in Anticipation of AXA Acquisition
AXA SA's planned $15.3 billion cash acquisition of XL Group has spurred management change and departures at the soon-to-be-acquired company as integration plans progress. Announced in March, the ...