Travelers to Buy Cyber MGU Corvus for $435 Million
The Travelers Companies said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings Inc. for about $435 million for its middle-market excess ...
M&A
RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG
RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group.
Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in ... American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) ... Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company. Arch Insurance said it has acquired Thimble, an InsurTech platform that enables small businesses to get insurance coverage by the job, month or year using app, website or ... Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions (M&A). Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers compensation ...
Generali to Sell TUA Assicurazioni to Allianz in $295M Deal
Insurance M&A Drops Sharply Globally in 2023
Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a newly released report has found. M&A were down by 17 percent ...
American Financial Group to Acquire Crop Risk Services From AIG for $240M
Policygenius to Be Acquired by Zinnia
INSHUR Acquires American Business Insurance Services, Secures $26M in Funding
INSHUR, a global on-demand insurance provider, has made a strategic acquisition of American Business Insurance Services in order to expand and scale its operations across the U.S. The company also ...
Arch Insurance Acquires InsurTech Thimble
Demand for Transactional Risk Coverage Remained Strong in 2022: Marsh
Harford Mutual Insurance Group Plans Merger With ClearPath Mutual