M&A News
The Hartford CEO Swift: M&A One of Many Possible Growth Options
The Hartford Chairman and CEO Christopher Swift said that M&A is one of many possible options for the property/casualty insurer as it looks at ways to accelerate growth in the months ahead. "We ...
W.R. Berkley CEO: M&A Fallout Creates Window to Lure Promising Talent
Property/casualty mergers, acquisitions and reorganizations in recent months are creating opportunities to snatch up promising employees and make market inroads, W.R. Berkley Corp.'s CEO said. ...
XL Catlin Will Disclose Q4 Earnings as Owner of Entertainment Specialty Insurer
XL Catlin has closed its purchase of Allied International Holdings, nearly six months after the planned acquisition was first announced in August. The deal for the U.S.-based specialty insurer of ...
National General Grabs Two U.S. P/C Insurers in Multi-State Expansion
National General Holdings Corp. acquired two U.S. regional property/casualty insurers, allowing it to expand into multiple states. The first acquisition involves Century-National Insurance Company, a ...
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
U.K. Insurer Aviva Targets North America with $402M Canadian Acquisition
Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...
Aspen Buys AgriLogic, Bringing More Changes to U.S. Crop Insurance
Aspen Insurance Holdings snatched up AgriLogic Insurance Services, a Kansas-based crop insurer and agriculture consultant, bring more changes to a sector that has already seen a spike in buying and ...