Mergers & acquisitions (M&A)
Thomas Miller buys Brookes Bell Group
Thomas Miller has acquired specialist marine and energy consultancy Brookes Bell Group for an undisclosed sum.
Aston Scott and Lark to rebrand as Aston Lark
Aston Scott and Lark Group will rebrand as Aston Lark in July.
Erskine Murray completes second acquisition in six months
Erskine Murray has acquired Essex-based Asciak Holdaway Merrit, a professional indemnity specialist broker.
Broker Network acquires East Anglian broker Saffron Insurance
Broker Network has today completed the purchase of East Anglia-based Saffron Insurance for an undisclosed sum.
Japanese insurer completes buyout of Insure the Box owner
Japanese insurer Aioi Nissay Dowa Insurance Europe has completed the buy-out of Box Innovation Group, which includes the Insure The Box and Drive Like a Girl brand.
County Group to be driven by acquisitive growth under GRP
County Group will develop through “strong acquisitive growth” under the ownership of GRP.
GRP acquires The County Group
Global Risk Partners has acquired The County Group.
Davies Group snaps up R&Q’s insurance management operations
Davies Group has bought Randall & Quilter’s Insurance Services and Captive Management Operations for £18.6m.
Allianz to make €1.1bn Euler Hermes offer
Allianz will open a tender offer for Euler Hermes shares on Monday after receiving regulatory approval.
Crawford's Muress to head Sedgwick's international division
Ian Muress has joined Sedgwick as CEO of international operations.
Hyperion targets emerging markets and Lat Am with $300m in reserve
Hyperion Group is entering 2018 with a $300m (£223m) war chest to play with, the group’s chief financial officer has said.
Hyperion’s revenue up 20% at full year
Hyperion Group posted a 20% jump in revenue for the year ended 30 September 2017.
Russia: Rosgosstrakh debacle sees increased government involvement in insurance
Government involvement in the Russian insurance sector is increasing as the country's largest private bank was placed under administration after acquiring failing insurer Rosgosstrakh.
Beach snapped up by Acrisure
Acrisure is to acquire the independent reinsurance broker Beach & Associates.
Dual names M&A head and director of corporate development
Dual, the underwriting arm of the Hyperion Group, has named Justin Ansell as head of M&A in the UK.
Simon Price to lead M&A at XL Catlin
XL Catlin has appointed Simon Price as head of mergers and acquisitions, EMEA.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
M&A values up 170% as priority turns to capital optimisation
Merger and acquisition activity rebounded in 2017 with completed deal values increasing 170% in the first half of the year, according to Willis Towers Watson.
Exceptional items put UK General in the red in 2016/17
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.
Amazon to participate in funding round for Indian insurtech - reports
Amazon is closing an investment in Indian insurtech start-up Acko, according to reports.
Stackhouse Poland acquires Caprica Healthcare
Stackhouse Poland has acquired Caprica Healthcare.
This month in Post: Power, transformation and the rise of the machines
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
Sompo International buys Lexon Surety
Sompo International has acquired Lexon Surety Group, the second largest independent surety insurer in the United States.
Qatar Re to acquire Markerstudy's Gibraltar-based insurance companies
Qatar Reinsurance Company Limited has signed a deal to buy Markerstudy’s Gibraltar-based insurance companies, subject to regulatory approval.