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Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
Insurance
The ability of cyber attackers to move quickly and target new sectors and markets almost at will is hampering effective product development, according to the head of one major re/insurer. 23 October 2015
Insurance
After consolidating and streamlining the business on the back of the merger of Willis Group Holdings and Towers Watson, Willis Towers Watson is again getting ready for merger & acquisitions (M&As), CEO John Haley said during the first quarter results conference. 9 May 2018
Insurance
UK-based Folgate Insurance Company has received approval from the Prudential Regulation Authority (PRA) to once again start writing primary insurance and reinsurance business. 27 June 2018
Insurance
Bermuda-based reinsurer Maiden Holdings has reported a significant increase in net losses for the third quarter of 2018 as adverse prior year loss development worsened in the AmTrust reinsurance segment. 12 November 2018
Insurance
Niche venture capital provider BP Marsh has invested further in managing general agency (MGA) Nexus Underwriting in connection with a proposed acquisition. 18 June 2015
Insurance
US-based property/casualty insurer The Hartford has entered into a renewal rights agreement with the Farmers Exchanges to acquire its Foremost-branded small commercial business sold through independent agents. 20 February 2018
Insurance
Australia and New Zealand Banking Group (ANZ) has finalised a reinsurance arrangement with Zurich and has received around $1 billion of reinsurance proceeds. 8 May 2018
Insurance
Property/casualty insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (R&Q), has stricken an agreement with Forestry Insurance Company for its commercial auto liability business in South Carolina and Georgia. 1 November 2017
Insurance
Arch Insurance Europe has acquired Melbourne-based managing general agency Resource Underwriting Pacific (RUP). 11 November 2014
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