mergers and acquisitions News
Chubb CEO Greenberg Disses ‘Overpriced’ M&A Market, Lloyd’s Underwriting Practices
Don't expect Chubb to pursue an acquisition anytime soon. Chairman and CEO Evan Greenberg repeatedly downplayed the possibility of one in what he referred to as an "overpriced" market. "The prices ...
IAT Insurance Will Enter Surety Space With Planned IFIC Acquisition
IAT Insurance Group said it will jump into the surety market with a planned agreement to buy IFIC Surety Group Inc. Neither side is disclosing financial terms of the acquisition deal, which will ...
Fidelity National Strengthens Title Insurance Biz With $1.2B Stewart Information Buy
Financial services provider Fidelity National Financial Inc said on Monday it would buy insurer Stewart Information Services Corp in a $1.2 billion deal to strengthen its residential and commercial ...
Trump Tax Cuts Could Solidify U.S. as Most Active Insurance M&A Region: Clyde & Co.
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
Argo Group Acquires Italian Specialty Insurer Ariscom
Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo ...
Specialty, Niche Business Lines Are 2018’s Insurance M&A Targets: Conning
Targeted P/C insurance mergers and acquisitions should continue in 2018 after they slowed down to a trickle last year, Conning said in a new report. The predicted M&A behavior for the rest of ...
More Industry Consolidation Will Follow the AXA/XL Group Tie-Up: KBW
AXA's planned $15.3 billion acquisition of XL Group Ltd. will spur more consolidation among commercial insurers, Keefe, Bruyette & Woods analysts said in a new report. "The combined AXA/XL would ...
France’s AXA to Acquire P/C Insurer XL Group for $15.3B
AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year's natural disasters. The ...