M&A
Willis’ Australian Arm Acquires CKA Risk Solutions
Willis Australia, part of global broker Willis Group Holdings, has expanded its presence in Western Australia with the acquisition of CKA Risk Solutions. Terms of the transaction were not disclosed. ...
Industry Consolidation: Too Fast for Some
There are many reasonable and compelling factors driving the ongoing consolidation of the property/casualty insurance industry, from a sheer overabundance of capital to an overwhelming need to reduce ...
Straight Talk from Industry CEOs at ACE and Travelers
Great leaders promote trust and open communication, experts increasingly argue. Property/casualty insurance executives understand this, especially in times of great change—a fact that was in ...
Sapiens Enters Polish Market With Acquisition of Insurance Software Provider Insseco
Sapiens International Corp., a maker of insurance industry-specific software, has agreed to buy Poland-based Insseco for $9.1 million. The final price tag could rise over the next five years ...
White Mountains Sells Reinsurer Sirius to China Minsheng Investment for $2.2B
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of Shanghai-based China Minsheng Investment Corp. (CMI). The price for ...
Catlin’s Merger Driver: ‘A Duty of Care’
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 The unexpected combination of XL Group and Catlin came after two years of trust-building communication between the leaders of the ...
Tokio Marine Looking at China Expansion
Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...
Japanese Insurers Eye More U.S. Acquisitions
Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home ...