Mergers & acquisitions (M&A)
Compre buys W&W's Ridgwell Fox legacy business
Compre is to acquire Wüstenrot & Württembergische's share of the Ridgwell Fox pool legacy reinsurance business.
DWF secures 215 jobs through Triton purchase
Manchester-based Legal firm DWF has acquired Triton from its administrators, saving 215 jobs from the multi-disciplinary practice.
Neon boosts capacity to £75m for M&A consortium
Neon has bolstered capacity in its M&A consortium, with available capital increasing from £50m to £75m.
Four insurance law firms form global network
DAC Beachcroft has joined three other insurance law firms to make a global network.
Knowles takes on parent company name
Knowles Loss Adjusters has rebranded to Charles Taylor General Adjusting Services.
Thailand opens up insurers to 100% foreign acquisitions
Foreign insurers can now buy up to 100% of Thai insurers' shares following a decision from the Thailand Finance Minister.
Venture Insurance purchases Poole Martin
Venture Insurance has purchased Poole Martin which will see the company placing premiums of £13m per year.
Compre takes on RW Gibbon legacy book
Insurance and reinsurance legacy specialist Compre has acquired a legacy business portfolio from Swiss Re International.
Luker Rowe acquires Michael Moore Insurance Brokers
Luker Rowe has acquired Buckinghamshire-based Michael Moore Insurance Brokers for an undisclosed sum.
Hyperion poised for further acquisitions as revenue climbs
Hyperion CEO David Howden has told Post he expects the group to break the half billion revenue barrier in 2017 following strong 2016 results.
PIB completes acquisition of Thistle Insurance
PIB Group has completed its acquisition of Thistle Insurance Services from JLT.
Compre acquires UK business of AG Insurance
Insurance and reinsurance legacy specialist Compre has acquired the UK business in run-off of the Belgian (re)insurer AG Insurance for an undisclosed sum.
RSG acquires Navigators' Nordic operations
Insurance services business Ryan Speciality Group has entered into a deal to buy Navigators' operations in Sweden and Denmark.
Finch announces first acquisition following Broker Network takeover
Finch has acquired Citymain Insurance Services, a small niche commercial broker in North Hampshire.
PIB acquisition spree continues with TFP capture
PIB Group made its seventh acquisition of 2016 with the capture of wholesale broker TFP Schemes.
BP Marsh sells stake in Besso
BP Marsh has sold its stake in Besso, citing an inability to provide the “financial firepower” the Lloyd’s broker requires for further growth.
Axa reveals £69m loss following Bluefin sale
Axa has revealed a £69m loss following the completion of the sale of its national broker Bluefin to Marsh.
Endurance sets date for shareholder vote on Sompo takeover
Endurance has set the date when shareholders will vote on the company’s $6.3bn (£4.96bn) takeover by Sompo.
Brightside's Mark Cliff on why chaos is needed for success
Chaos is needed for some highly successful brokers to emerge during 2017
Helios to acquire Lloyd’s underwriter Pooks
Helios will acquire Lloyd’s underwriter Pooks Limited for £870,659.
Acuity to acquire Pro for £8.3m
Private equity firm Acuity Investment is planning to acquire Pro Global Service’s service provider business Pro for £8.3m.
Liquidator to Gable appoints run-off manager
The liquidator of Gable has appointed Enstar as run-off manager.
Brit owner Fairfax buys Allied World for $4.9bn
Canada’s Fairfax Financial is to buy insurance giant Allied World for $4.9bn (£3.9bn).
Gallagher buys US E&O programme manager
Arthur J Gallagher is to buy California-based National Ethics Bureau for an undisclosed sum.