Tag archive for ‘Insurance industry news’
By businessnewstoday On Tuesday, January 1st, 2019

AIG acquires UK group risk specialist Ellipse from Munich Re

(adsbygoogle = window.adsbygoogle || []).push({}); AIG acquisition of Ellipse : American International Group (AIG) has wrapped up its previously announced acquisition of Ellipse, a specialist provider More...

By Soujanya Ravi On Monday, October 8th, 2018

Ardonagh to buy Swinton Group from Covea for £165m

Ardonagh acquisition of Swinton : The Ardonagh Group, the Jersey-incorporated owner of Autonet and Towergate, has signed a deal of around £165 million to acquire Swinton Group, the UK personal lines insurance broking More...

By Soujanya Ravi On Sunday, September 30th, 2018

Jardine Lloyd Thompson to be acquired by Marsh & McLennan in $5.6bn deal

MMC acquisition of JLT : British insurance and reinsurance broker Jardine Lloyd Thompson (JLT) Group has agreed to be acquired by insurance broking and risk management major Marsh & McLennan Companies (MMC) More...

By businessnewstoday On Saturday, July 14th, 2018

OneDigital acquires employee benefits company Beneflex Insurance Services

Insurance acquisition news : OneDigital Health and Benefits, a US employee benefits company, has acquired California-based employee benefits agency Beneflex Insurance Services for an undisclosed price to expand More...

By businessnewstoday On Tuesday, March 20th, 2018

Fidelity to acquire title insurance company Stewart Information for $1.2bn

Insurance acquisition news : Fidelity National Financial (FNF), a Florida-based financial services provider has agreed to acquire Texas-based title insurance company Stewart Information Services for about $1.2 billion. FNF More...

By businessnewstoday On Thursday, March 8th, 2018

Cigna to acquire pharmacy benefits manager Express Scripts for $67bn

Cigna acquisition of Express Scripts : US health insurance company Cigna has struck a massive deal of around $67 billion to acquire Missouri-based pharmacy benefits manager Express Scripts, in a move to create an More...

By businessnewstoday On Tuesday, March 6th, 2018

Axa to acquire XL Group for $15.3bn to create P&C insurance giant

Axa acquisition of XL Group : French insurance company Axa has made a mega deal of $15.3 billion to acquire Bermuda based insurance and reinsurance company XL Group to become the global leader in property and casualty More...

By businessnewstoday On Sunday, March 4th, 2018

K2 Insurance buys Rockhill’s general liability and gas & propane distribution businesses

Insurance acquisition news : K2 Insurance Services, a specialty insurance services provider has acquired the General Liability and Gas & Propane Distribution businesses of Rockhill Insurance Group for an undisclosed More...

By businessnewstoday On Saturday, February 24th, 2018

Standard Life Aberdeen to sell insurance business to Phoenix Group for £3.24bn

Scottish investment company Standard Life Aberdeen has struck a deal to sell its insurance business to UK insurance service provider Phoenix Group for a sum of £3.24 billion to simplify its business to focus on More...

By businessnewstoday On Wednesday, May 3rd, 2017

Intact Financial to acquire US specialty insurer OneBeacon Insurance for $1.7bn

Canadian property and casualty insurer, Intact Financial Corporation has entered into a definitive agreement and plan of merger to acquire leading US specialty insurer OneBeacon Insurance Group for $1.7 billion. Intact More...