mergers & acquisitions News
Insurance M&A Drops Sharply Globally in 2023
Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a newly released report has found. M&A were down by 17 percent ...
Cambridge Mobile Telematics Acquires European Telematics Company Amodo
Cambridge Mobile Telematics, a telematics service provider, announced that it has acquired Amodo, a telematics company based in Europe. The acquisition brings together two telematics companies with ...
Granada Financial to Acquire Majority Interest in Topa Group
Granada Financial Group reports it has agreed to acquire a controlling interest in Topa Insurance Group from Anderson Holdings. While Granada will assume majority control, Anderson Holdings will ...
Ambac Acquires All Trans Risk Solutions, Capacity Marine Corporation
Ambac Financial Group Inc., a financial services holding company, acquired majority stakes in both All Trans Risk Solutions LLC and Capacity Marine Corporation. All Trans Risk Solutions LLC is a ...
Metromile Receives Stockholder Approval of Merger With Lemonade
Metromile, a digital insurance platform and pay-per-mile auto insurer, announced that its stockholders approved a proposal to adopt the merger agreement entered into with Lemonade Inc. to acquire ...
Daily Mail in Discussions to Sell Catastrophe Modeling Firm RMS
Daily Mail and General Trust Plc (DMGT) said it is in discussions to sell its catastrophe modeling insurance unit, RMS, following a number of third party inquiries. DMGT said discussions are ongoing ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...