M&A News
Willis Gains Swedish OK for $205M investment in Max Matthiessen
Willis Group Holdings plc said it's gotten a pivotal O.K. from Swedish regulatory authorities to complete its acquisition of a 75 percent stake in Max Matthiessen, a personal insurance, health plan ...
Mapfre Forks Over $701M For Direct Line’s Euro Business
Direct Line Insurance Group Plc sold its German and Italian businesses to Spain's Mapfre SA for 550 million euros ($701 million) as the company pares back its international operations to cut costs ...
Europe Beats U.S. in M&A Insurance Industry Deals: Clyde & Co.
Insurance and reinsurance industry M&A deals have picked up a bit in Europe and elsewhere. But they keep declining in the U.S., continuing to deny it the lead in a space it has typically ...
Enstar to Pay $218M For South Carolina P&C Company
Bermuda-based Enstar Group Ltd. said it will grab Companion Property and Casualty Insurance Company from Blue Cross Blue Shield of South Carolina for $218 million. The deal represents an expansion of ...
P/C M&As Are Alive and Well—They’re Just Different
We hear and read that merger and acquisition (M&A) activity in the property/casualty insurance industry is fading. Without a doubt, it isn't what it used to be. Deal transaction volume and values ...
KPMG: More Insurance Execs Are Mulling M&A Activity
An increasing number of insurers are mulling M&A activity or strategic acquisitions of specific lines of business in the months ahead, a new KPMG report concluded. Concerns about new regulations ...
Endurance’s Earnings Call Includes Barely a Mention of Failed M&A Deal
Endurance Specialty Holdings Ltd. Chairman and CEO John Charman barely addressed the company's three-month, failed attempted to buy Bermuda reinsurance rival Aspen Insurance Holdings during a 2014 ...
Endurance Gives Up on Bid to Buy Aspen
After three months of trying, Bermuda reinsurance company Endurance Specialty Holdings Ltd. has given up trying to acquire archrival Aspen Insurance Holdings Ltd. The final blow apparently happened ...