Aon announced that it has selected The Leadenhall Building as its future London headquarters. The office tower is currently under construction, directly across Leadenhall Street from Lloyd’s. When completed it will be 224 meters (just under 700 feet) tall. The …
W. R. Berkley Corporation has announced the formation of Berkley Re UK Limited, based in London. Its principal focus “will be underwriting casualty and property treaty reinsurance, subject to regulatory approval,” said the announcement. “The operations of Berkley Re UK …
Argus Fire & Casualty A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a subsidiary …
BIA, Iroquois Business Insurance Associates (BIA) of Davidsonville, Md., has joined The Iroquois Group. BIA started in 2000 as an employee benefits agency. Agency Principal Ed Coogan expanded the agency into property and casualty insurance. PMA PMA Companies, a Pennsylvania-based …
American Hallmark, TBIC American Hallmark Insurance Co. of Texas, a subsidiary of Ft. Worth-based Hallmark Financial Services Inc., announced in late March that it is acquiring TBIC Holding Corp., and subsidiaries Texas Builders Insurance Co. and TBIC Risk Management Inc. …
Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16 offices throughout the …
Catalina Holdings (Bermuda) Ltd. announced that, following consent from FINMA, the Swiss Financial Markets Supervisory Authority, it has completed the acquisition of Glacier Reinsurance AG, the Swiss-based reinsurance company in run-off. The bulletin noted that Glacier Re, established in 2004, …
Apex Insurance Agency Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Global Intermediaries of Eugene LLC, d/b/a Global Intermediaries in Eugene, Ore. With annualized revenues of approximately $1.3 million, Global Intermediaries is …
Custom Choice Insurance Services of Idyllwild, Calif., has joined The Iroquois Group, according to agency principal Caleb Kirk. The agency recently opened an office at 54585 N. Circle Drive Ste. A, in Idyllwild. Iroquois, a network of property and casualty …
The Hanover, Chaucer A half-billion dollar deal that would make Lloyd’s insurer Chaucer part of Massachusetts-based The Hanover is in the works. Terms of the transaction involve a cash-for-stock swap valued at $510 million, which The Hanover said it plans …
