M&A News
How to Keep Top Talent After an Acquisition
Merger and acquisition activity in the P/C industry is growing—driven by declining fundamentals and an excess of cash. And negative industry factors, including increased pricing softness, modest ...
Analysis: PartnerRe May Find Shareholder Resistance to AXIS M&A Plan
PartnerRe Ltd. is betting the value of a merger with AXIS Capital Holdings Ltd. is worth more in the long run than an extra few dollars a share now. Shareholders may not agree. The Bermuda-based ...
AXIS and EXOR Escalate Their Fight For PartnerRe
Plans for AXIS Capital Holdings Ltd. and PartnerRe to merge are getting even more complicated, as they affirm their plans to combine and a rival bidder shows no sign of giving up. Both companies ...
Willis Group’s $590M Buy of France’s Largest Broker to Give it Global Reach
Willis Group Holdings Plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn't already own to expand in France, Eastern Europe and the Middle East. Willis ...
Willis to Compete With Banks Pursuing Asia M&A
Willis Group Holdings Plc's Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising ...
Fairfax Financial Will Sell 30% of Brit Plc to Ontario Pension Fund
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit Plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd's of London insurer for ...
PartnerRe Gains Second Suitor in EXOR With Its $6.4B Cash Bid
European investment company EXOR has emerged as a second suitor for PartnerRe Ltd. with the announcement of its proposed $6.4 billion all-cash acquisition of the Bermuda-based reinsurer. If accepted, ...
A.M. Best: Solid 2014 Reinsurance Results Won’t Continue
Two new reports from A.M. Best and the Association of Bermuda Insurers and Reinsurers point to relatively strong reinsurance underwriting results in 2014, but there's a catch. Much of the improvement ...