M&A News
Fitch Sees Alternative Capital Fueling Reinsurance Mergers
Mergers and acquisitions in the reinsurance industry may rise in coming years because of higher valuations and the inflow of alternative capital, according to Fitch Ratings Ltd. The consolidation ...
Global Insurance M&A Activity at Four-Year Low: Clyde & Co.
Global merger and acquisition activity among insurers dropped 29 percent in the year through June as falling pricing and lower investment returns tempered demand, according to law firm Clyde & ...
American Family Insurance Expands Direct Channel; Acquiring Homesite Group for $616M
In a move it says will complement its strong agency distribution system, Madison, Wis.-based American Family Insurance announced Thursday that the carrier has agreed to acquire direct homeowners ...
Goldman Sachs to Sell Its European Insurance Business
Goldman Sachs Group Inc. said it probably will sell a majority stake in its European insurance business in the next 12 months. The business, known as Rothesay Life Ltd. and run by Addy Loudiadis, had ...
Insurer Alleghany Buys Stake in Asset Manager Ares, Commits Up to $1B
Alleghany Corp., the insurer that bought Transatlantic Holdings Inc., acquired a stake in Ares Management LLC and agreed to invest as much as $1 billion in the asset manager to diversify its ...
Report: AIG in Talks to Buy Israel’s Clal Insurance
Clal Insurance Enterprise Holdings Ltd. gained the most this month after a report that American International Group Inc. is in talks to buy the Israeli insurer. Bonds of parent IDB Development Corp. ...
Purchase Price Disputes: Structuring Earnouts to Minimize Risks
Earnouts continue to play an important role in helping public and private buyers of private insurance entities and sellers reach agreement on the purchase price for merger or acquisition ...
Pace of Middle Market M&A Steady: Research Report
Merger and acquisition in the middle market is flat in 2013, according to a first-quarter research report, which attributes the finding to a stalled economy, challenges in Washington around tax and ...