Mergers & acquisitions (M&A)
Markel merger given green light by High Court
A merger between Markel International and Markel Europe has been granted High Court approval.
Dual launches M&A business in Frankfurt and London
Hyperion's underwriting arm Dual has launched a merger and acquisitions business located in Frankfurt and London.
Vienna Insurance Group subsidiary agrees Bulgarian acquisition
Vienna Insurance Group has agreed a deal to acquire Bulgarian firm UBB-AIG through its subsidiary, Bulstrad.
Broking managerial merry-go-round a by-product of market consolidation
A managerial merry-go-round within the UK broking sector is being powered by a combination of increased consolidation and insurer preference, according to market insiders, who have raised questions over organic growth knowhow.
Brendan McManus confirms new PIB role
Brendan McManus has confirmed that he is to join Chris Giles-backed broker start-up PIB.
Marsh aims to quickly 'accelerate' SMEI growth following purchase
Marsh's latest acquisition is part of an "accelerate and grow strategy" and the broker will look to quickly scale up the SME Insurance Services business.
Marsh bolsters SME capability with purchase of Leeds broker
Marsh has reached a definitive agreement to acquire Leeds-based independent broker SME Insurance Services.
Calera Capital swoops for majority stake in RFIB
US-based private equity house Calera Capital has bought a majority share in RFIB Holdings, the international Lloyd's specialty insurance and reinsurance broker.
Am Trust Europe acquires Composite Holdings
Am Trust Europe has acquired Cardiff-based Composite Holdings; a business it had provided underwriting capacity for over the past four years.
R&Q to buy IC Insurance for £17m
Randall & Quilter is to acquire IC Insurance from indirect owners Astra Zeneca UK and Imperial Chemicals Industries.
Amount spent on insurance transactions has soared in 2015
The year so far has seen the most amount of money and shares spent on insurer, reinsurer and broker acquisitions since 2008 according to financial information group Dealogic.
Zurich on acquisition hunt with £1.9bn excess capital
Zurich Group has $3bn (£1.9bn) in excess capital it intends to spend by the end of 2016 either through merger and acquisition activity or return of capital to shareholders.
Wunelli boss Searles steps down amid 'record year'
Wunelli managing director Penny Searles has walked away from the telematics provider to pursue “other opportunities outside of the organisation”.
C-Suite: India's foreign investor ownership controls
Seven years after the proposal was first muted, India has finally raised the foreign direct investment cap to 49%; a lawyer investigates how the ownership and control systems will work.
Gallagher had ‘no appetite' for Towergate purchase, Ross claims
Arthur J Gallagher did not have the appetite or financial capacity to acquire Towergate due to a $30m (£19m) cap on acquistions, according to a High Court defence document signed by incoming Towergate CEO David Ross.
Healix International snaps up Capita Global Assistance
Healix International is to acquire medical and travel assistance company Capita Global Assistance.
PMI broker Chase Templeton completes second M&A deal of the week
Acquisition-hungry Chase Templeton has sealed its second sizeable deal of the week with the purchase of Brighton-based intermediary Medical Insurance Advisers.
Integro acquires marine broker Kite Warren & Wilson
Integro has acquired London-based broker Kite Warren & Wilson which specialises in marine hull and liability coverage as well as financial lines.
Bluefin acquires Bennett Fozzard
Bluefin has acquired Cheshire based broker Bennett Fozzard for an undisclosed sum.
PE investment and consolidation to continue in broking following flurry of deals
Consolidation and private equity investment are far from reaching their zenith in the broking sector, according to market insiders, who have tipped brokers Be Wiser, Jelf and Autonet Insurance Services as attractive prospects for buyers.
Jelf plots commercial acquisitions in mid-market boost
Jelf is looking for acquisition opportunities in the commercial market alongside plans to grow the insurance division's mid-market presence, according to group CEO Alex Alway.
Chase Templeton snaps up SME broker Get Private
Private medical insurance specialist Chase Templeton has boosted its presence in the SME sector with the acquisition of London-based intermediary Get Private.
Australia's Honan buys MACS in Singapore
Melbourne-based Honan Insurance Group, part of the Worldwide Broker Network, has acquired Singapore-based MACS Insurance Brokers for an undisclosed amount.
Blanc to focus on 'straightforward' growth plan at Aston Scott
Aston Scott executive chairman Peter Blanc plans to make the business "the best insurance broker" he can by targeting a combination of acquisitions and organic growth over the next five years.