Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares in KX Reinsurance Company Limited, including KX Re’s wholly owned subsidiary OX Reinsurance Company Limited, from Tawa plc. …
Cook, Hall & Hyde, Maran Corp. Risk Two brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. Cook, Hall & Hyde has …
CRC|Crump, Preferred Brokerage CRC|Crump has signed an agreement with Preferred Concepts in New York to acquire select assets of the company’s Preferred Brokerage business unit. Terms were not disclosed. J.C. Sparling, who led Preferred Brokerage, will be joining CRC|Crump as …
Arthur J. Gallagher & Co., Sunday and Associates Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Sunday and Associates Inc. of Sugarland, Texas. Established in 1982, Sunday and Associates offers employee benefits consulting and insurance brokerage services for …
Dutch-Belgian insurance group Ageas (the successor to Fortis) has confirmed that it has signed an agreement, through its UK subsidiary, to acquire Groupama Insurance Company Limited (GICL), the UK subsidiary of France’s Groupama, for a total consideration of £116 million …
Willis Group Holdings plc has opened a new office on the island of Malta, which it said is “to serve its growing captive and commercial insurance clients in the region,” an area that “has experienced substantial growth in the past …
Global professional services company Towers Watson and Portuguese broker MDS have combined forces to establish a benefits brokerage consulting service in Portugal. MDS was founded in Porto in 1984. It is now the leading broker in the Portuguese market with …
ACE Limited announced that it has acquired 80 percent of Indonesian insurer PT Asuransi Jaya Proteksi. The Jakarta-based company is “one of Indonesia’s top 10 general insurers and a leader in personal lines,” said the bulletin. “The company offers property, …
The Ryan Specialty Group (RSG) announced that it would “significantly strengthen its MGA and third party administration (TPA) capabilities in the UK” with an agreement to acquire insurance services provider Direct Group for an undisclosed consideration. The acquisition is subject …
USI, TD Insurance USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., has agreed to acquire TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The terms of the deal were not disclosed. USI …
