Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
PartnerRe Cross-Lists on NYSE, Euronext Paris Stock Exchange
Dec 8 2009 // Bermuda-based PartnerRe Ltd. announced its successful cross-listing on both the NYSE and Euronext Paris stock exchanges. The company said the cross-listing facility, effective immediately, is consistent with its...
PartnerRe Completes PARIS RE Acquisition
Dec 8 2009 // Bermuda-based PartnerRe Ltd. announced that it has completed its acquisition of 100 percent of the outstanding common shares of PARIS RE Holdings Limited, following the approval by PARIS RE’s shareholders of the...
Wells Fargo Insurance Buys Agencies in Florida, Washington
Dec 8 2009 // Wells Fargo Insurance Services, Inc. has acquired iLeader Risk Management Solutions, a single office, insurance brokerage located in Tampa, Fla., and Orca Bay Benefits, LLC, a single office, employee benefits insurance...
Aon Acquires Major Construction Insurance Broker Allied North America
Dec 7 2009 // Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., said it has agreed to acquire Allied North America, one of the largest independent surety and construction insurance brokerage firms in...
Lawson-Hawks Acquires J6 Insurance Services
Dec 4 2009 // Mountain View, Calif.-based Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker, has acquired J6 Insurance Services, Inc of Rocklin, Calif. in an asset purchase arrangement. The terms of the...
Indiana’s Shepherd Insurance Acquires DeTrude & Company
Dec 3 2009 // Carmel, Ind.-based Shepherd Insurance Agency has acquired employee benefits services firm, DeTrude & Company. DeTrude & Company, also a central Indiana-based firm, was founded in 1980 by Keith DeTrude. Its client...
Washington Domestic Partner Law Goes Into Effect
Dec 3 2009 // Washington State’s new domestic partnership law goes into effect today, and that means wherever a policy says ‘spouse’ the policy must cover registered domestic partners, Insurance Commissioner Mike...
Flagstone Re Buys Retrocessional Coverage from Montana Re Cat Bond
Dec 2 2009 // Flagstone Reinsurance Holdings Limited announced that Flagstone Réassurance Suisse SA, has purchased three years of fully collateralized retrocessional coverage from Montana Re Ltd. a special purpose reinsurer...
Markel Acquires Majority Stake in Dredging Equipment Maker
Dec 2 2009 // Markel Ventures has acquired a majority interest in Ellicott Dredge Enterprises, LLC, a privately held company headquartered in Baltimore, Maryland that manufactures dredging equipment for both domestic and international...
Mississippi County to Buy Insurance for Volunteer Fire Firefighters
Nov 30 2009 // Mississippi’s Lee County will spend more than $50,000 over the next three years on accident and life insurance for its 300-plus volunteer firefighters. The county’s 18 fire departments include only one —...
NIP Expands with Acquisition of San Diego Executive Benefits Firm
Nov 25 2009 // Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in...
The Buckner Company Acquires Flying J Insurance Services
Nov 24 2009 // Salt Lake City-based The Buckner Co. has entered into a definitive agreement to purchase Flying J Insurance Services effective Jan. 1, 2010, continuing President Terry H. Buckner’s vision to grow Buckner’s...
M&A Wrap-Up: Insurance Brokerage Mergers Took a Third Quarter Vacation
Nov 23 2009 // Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions...
Arthur J. Gallagher Buys North Carolina’s Shuford Insurance
Nov 23 2009 // International insurance broker Arthur J. Gallagher & Co. reported it has acquired Shuford Insurance Agency, Inc. in Concord, North Carolina. Terms of the transaction were not disclosed. Founded in 1938, Shuford...
XL Acquires Unicorn Underwriting to Strengthen Equine Capabilities
Nov 19 2009 // XL Insurance, the global insurance operations of XL Capital, announced “the strengthening of its equine capabilities” with the acquisition of an underwriting and claims team from London-based Unicorn...
Willis North America Names Joost as National Partner in New York
Nov 16 2009 // Global insurance broker Willis Group Holdings has appointed Eric Joost as national partner, North American Specialties. He will be based in New York. In his new role, Joost will lead Willis’ client service and...
Concordis Group Partners With Insurance Office of America
Nov 13 2009 // Concordis Group Inc. announced it has formed a strategic partnership with Longwood, Fla.-based privately held independent insurance agency Insurance Office of America. IOA will assist the company in expanding its...
Marsh & McLennan Agency Acquires Insurance Alliance of Texas
Nov 12 2009 // New York-based Marsh & McLennan Agency, a subsidiary of insurance mega-broker Marsh Inc., has acquired Insurance Alliance, one of the largest independent insurance agencies in Texas. Terms of the deal were not...
Dean & Draper Insurance Acquires Two Texas Agencies
Nov 12 2009 // Houston’s Dean & Draper Insurance Agency LP announced it has acquired Wilco Insurance Agency Inc. and Always Safe Insurance Agency Inc. as part of an ongoing growth strategy for the Texas-based insurance...
France’s AXA Eyes Asia Growth with Takeover Bid
Nov 9 2009 // AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s...
