M&A
After State Auto, Liberty Mutual Turns to Malaysia for Next Acquisition
Liberty Mutual Insurance is disclosing acquisition plans for the second time in two weeks. This time, the Boston-based mutual insurance holding company said it will apply for regulatory approval to ...
Applied Underwriters Snatches Up Generali Group’s U.S. Specialty Lines Arm
Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance ...
Liberty Mutual Acquiring State Auto
Liberty Mutual Holding Company, whose insurance company famously invites customers to only pay for what they need, is paying roughly $1 billion to acquire State Auto Group, a super-regional insurance ...
EU OKs $30B Aon/Willis Towers Watson Merger; U.S. Roadblocks Remain
The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome. The ...
Property Data Company ATTOM Makes an Acquisition
ATTOM, an InsurTech property data company, has made an acquisition. ATTOM snatched up GeoData Plus, which is centered around an application for in-depth property research, valuation and prospecting ...
Arch Capital Closes $700M Acquisition of Watford Holdings
Bermuda-based Arch Capital Group Ltd., along with investment partners Kelso & Company and Warburg Pincus, announced the completion of its previously disclosed acquisition of Watford Holdings Ltd. ...
France’s Covéa Reportedly Interested in Grabbing AXA XL’s Reinsurance Biz
Covéa, the French non-life mutual, is interested in acquiring AXA XL's reinsurance business, AXA Re, in deal that could be valued at €5 billion, according to press reports. The news story, which ...
Arch Reinsurance to Acquire Somerset Bridge Group
Arch Reinsurance Ltd. plans to acquire longtime client Somerset Bridge Group Ltd. for an undisclosed price. The acquisition covers Somerset, Southern Rock Holdings Ltd. and all Somerset affiliates, ...