M&A
Insurers Norfolk & Dedham, Union Mutual to Affiliate
Massachusetts-based Norfolk & Dedham (N&D) and Union Mutual in Vermont, property/casualty insurers with a combined 350 years in the business in the Northeast, announced they intend to ...
Tokio Marine Has $10 Billion for Potential Acquisitions: Executive
Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese ...
After Slow 2023, M&A Activity Expected to Ramp Up This Year
More acquisition opportunities and continued competition across the market is expected in 2024, according to a new report, the "2024 Insurance M&A Outlook," by Deloitte. Property/casualty mergers ...
Clyde & Co: M&A Activity to ‘Start to Increase Through 2024’
The number of worldwide mergers and acquisitions in the insurance sector in 2023 dropped to 346 in 2023, down from 449 in the previous year, according to a new report from Clyde & Co. But the ...
Aon-NFP Deal Clears Antitrust Hurdle
Aon's proposed $13.4 billion acquisition of NFP passed a regulatory waiting period Feb. 21, the companies said. While the acquisition is still subject to other regulatory and closing conditions, it ...
Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren't the exact words ...
Aon to Buy Middle-Market Broker NFP for $13.4 Billion
Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment.
The purchase ...
Nearmap Announces Agreement to Acquire Betterview
Nearmap, a location intelligence and aerial imagery solutions provider, has signed an agreement to acquire Betterview, a property intelligence and risk management platform in the insurance industry. ...
Update: James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming for $277M
James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its casualty reinsurance business, to Fleming ...