mergers and acquisitions News
Price Disputes Stall Generali’s Talks to Buy MetLife Europe Assets
Assicurazioni Generali SpA's talks over the purchase of MetLife Inc.'s European assets have stalled over price, people with knowledge of the matter said. The Italian insurer was preparing to make a ...
Arch Capital Group Closes Purchase of Barbican, Boosting Lloyd’s Presence
Arch Capital Group Ltd. said it has closed its planned purchase of Barbican Group Holdings Ltd., a move expected to deepen its involvement in both Lloyd's and the London market. Arch acquired the ...
Zurich CEO Greco Reportedly Knocks Cross-Border Mergers
The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe's fifth-biggest insurer Zurich said in a newspaper interview on ...
PURE, Soon to Join Tokio Marine, Hires AIG Vet as Chief Growth Officer
A veteran Chubb and AIG executive is joining the PURE Group of Insurance Companies as its chief growth officer. Jerry Hourihan will also be given the title of senior vice president. In his new role, ...
Hippo Makes an Acquisition Intended to Strengthen Its Home Insurance Services
Hippo Insurance has acquired an early-stage startup designed to beef up its digital home insurance services for clients. The InsurTech startup and managing general agent said it snatched up Sheltr, a ...
Demand Soars for M&A Insurance as M&A Activity Increases: Aon
More mergers and acquisitions in today's challenging economic environment are driving a soaring demand for M&A insurance products, according to a new Aon report. Aon's report finds that following ...
AXA Agrees to Sell Belgian Banking Biz to Crelan for Nearly $690M
AXA said it has agreed to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan's loan insurance business. The deal, in all, is worth nearly $690 million. In ...
Startup Constellation Insurance Holdings Raises $500M to Invest in M&A, Demutualizations
Constellation Insurance Holdings, founded by industry veteran Anurag Chandra, former CEO of Prosperity Life Insurance Group, has partnered with Canadian institutional investors, Caisse de dépôt et ...