Tag: Insurance acquisition news

Keaney Insurance Brokers joins Arthur J. Gallagher & Co. following strategic acquisition

businessnewstoday- November 6, 2023

In a move to bolster its service offerings in Ireland, Arthur J. Gallagher & Co. has acquired Keaney Insurance Brokers Ltd, a Dublin-based commercial insurance ... Read More

Travelers Companies to acquire cyber insurance leader Corvus for $435m

businessnewstoday- November 6, 2023

In a strategic move to enhance its cybersecurity insurance offerings, The Travelers Companies, Inc. (NYSE: TRV) has entered an agreement to acquire Corvus Insurance Holdings, ... Read More

Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m

businessnewstoday- November 2, 2023

Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one ... Read More

RenaissanceRe finalizes $3bn acquisition of AIG’s Validus Re

businessnewstoday- November 1, 2023

RenaissanceRe Holdings Ltd. (NYSE: RNR) today achieved a major milestone in its growth strategy by concluding the acquisition of Validus Re, the treaty reinsurance arm ... Read More

Alliant Insurance Services expands in Oklahoma with Commercial Risk Group acquisition

businessnewstoday- November 1, 2023

Alliant Insurance Services has announced its acquisition of Commercial Risk Group (CRG), a retail property and casualty (P&C) insurance agency based in Broken Arrow, Oklahoma. ... Read More

Cadence Bank announces $904m sale of Cadence Insurance to Gallagher

businessnewstoday- October 24, 2023

Cadence Bank (NYSE: CADE) has unveiled a definitive pact to divest its insurance unit, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. (Gallagher) (NYSE: ... Read More

Arthur J. Gallagher & Co. acquires Michigan’s Meadowbrook Insurance Agency

businessnewstoday- October 18, 2023

Arthur J. Gallagher & Co. unveiled its acquisition of the assets of Meadowbrook Insurance Agency, a prominent retail insurance broker headquartered in Southfield, Michigan. While ... Read More

Allianz bolsters Italian P/C market presence with acquisition of Tua Assicurazioni from Generali

businessnewstoday- October 15, 2023

In a pivotal move underscoring its commitment to the Italian market, Allianz S.p.A. announced the acquisition of Tua Assicurazioni S.p.A. from insurance giant Generali for ... Read More

Prosperity Life Group to acquire National Western Life Group in $1.9bn deal

businessnewstoday- October 10, 2023

In a strategic move set to reshape the insurance landscape, National Western Life Group, Inc. (NASDAQ:NWLI) and Prosperity Life Group have announced the signing of ... Read More

Aviva to boost presence with £460m acquisition of AIG Life UK

businessnewstoday- September 25, 2023

Aviva plc, a leading insurance provider, has announced its strategic acquisition of AIG Life Limited, commonly known as AIG Life UK, from Corebridge Financial, Inc., ... Read More