Mergers & acquisitions (M&A)
US firm invests in Health Claims Bureau
Healthcare and risk management specialist Health Claims Bureau has signed an investment deal with US specialist Professional Disability Associates.
Go Compare admits future sale 'entirely possible'
The timing of Go Compare's strategic review is "no coincidence" given that the aggregator's major shareholder has a flotation in its sights, according to commentators, who have also mooted a potential management buyout or private equity deal.
Direct Group eyes US expansion following sale to Ryan Specialty Group
Direct Group chief executive Derek Coles intends to take advantage of new opportunities to enter international territories following the completion of the firm's sale to Ryan Specialty Group.
Ageas completes £116m acquisition of Groupama Insurances
Ageas has completed its acquisition of Groupama Insurances – less than three months after it revealed the £116m deal.
Interview: Bill Cooper - Banking bites back
The head of global insurance at Lloyds Banking Group believes that insurance M&As are not dead and that institutions are willing and able to provide finance.
Generali offloads assets to raise cash for emerging markets
Generali is to sell non-strategic assets next year in a bid to generate cash to invest in emerging markets in Asia, Eastern Europe and Latin America.
Charles Taylor to buy life business in £1.55m deal
Charles Taylor is to acquire Global Life Assurance Limited from Pinnacle Company Limited for £1.55m.
Covea unveils new look executive team
Covea Insurance has confirmed the line-up of the executive team charged with leading the business following its creation via the merger of MMA and Provident.
Lucas Fettes appoints management duo to Manchester team
Growth-hungry broker Lucas Fettes has backed up its acquisition of Cougar Underwriting with two senior additions to its Manchester team.
Jubilee parent completes Direct Group deal
Ryan Specialty Group is completing the acquisition of Direct Group today.
Towergate dismisses Paymentshield speculation
Towergate has denied speculation that the firm is planning to sell its mortgage payment and insurance business Paymentshield.
International brokers target London market for growth opportunities
International brokers are looking to London for opportunities to grow their businesses amid signs that the capital's mergers and acquisitions market is heating up.
Ageas to build broker brands as Groupama name phased out in UK
The Groupama Insurances brand is to be phased out of the UK marketplace following completion of the insurer's sale to Ageas UK.
Acromas in Deutsche Bank talks
The chief executive of Acromas is understood to have met his counterpart at Deutsche Bank to discuss his firm's options.
Groupama takeover to add extra boost to 'record' Ageas profits
Ageas chief executive Barry Smith is confident that the addition of Groupama insurance activities will add further clout to performance, following nine months in which the firm's profit before tax and minority interests rose by 36.4%.
Thai acquisition to double Pru market share
Insurer Prudential is set to acquire Thanachart Life Assurance Company, a wholly-owned life insurance subsidiary of Thanachart Bank.
Quinn Insurance founder faces nine-week jail term
Sean Quinn, the founder of Quinn Insurance, has been handed a nine-week jail sentence for contempt of court.
Groupama to place 20 staff on redundancy consultation
Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.
Premium Credit sold to private equity house
Private equity firm GTCR has acquired Premium Credit from Bank of America affiliate MBNA Europe in a deal worth £900m.
Top 25 EC3 brokers: London leads the way
The performance of the top 25 EC3 brokers illustrates a thriving market that is receiving growing interest from every corner of the globe.
Aviva and Gallagher strengthen ties
A new commercial arrangement between Aviva and Gallagher Heath for standard and non-standard household products is expected to generate more than £200m in gross written premium over a three-year period.
Migdal sale provides liquidity boost for Generali
Generali has completed the sale of its 69.1% share in Migdal Insurance and Financial Holdings to Eliahu Insurance Company for €705m.
Preferential founders to return with personal accident business
Steve Nickerson and David Marshall, the founding directors of Preferential Insurance, are to launch a new venture providing personal accident insurance.
BP Marsh assessing Finnish purchase
Venture capital firm BP Marsh is weighing up the acquisition of a broker in Finland, according to chairman Brian Marsh.