Hub International Limited, the Chicago-based insurance broker, announced that it has acquired the assets of Kuokoa Enterprises Inc. Terms of the transaction were not disclosed. Located in Edmonton, Alberta, Canada, Kuokoa Enterprises specializes in commercial lines insurance solutions. Owner of …
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Tri-Line Agencies Inc. Terms of the transaction were not disclosed. Tri-Line Agencies is a full-service, independent insurance brokerage headquartered in Rose Valley, Saskatchewan, Canada, offering personal …
A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS …
Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd. The deal includes Vasek’s appointed representative Insure My Villa, and …
Global insurance brokerage Hub International Limited has acquired The TAMRAC Group Inc. (TAMRAC). Terms of the transaction were not disclosed. Headquartered in Hunt Valley, Md., TAMRAC specializes in personal insurance and commercial insurance. It provides insurance products for businesses in …
Hub International Ltd., the Chicago-based insurance brokerage, announced it has acquired Proteus Performance Management Inc. Terms of the transaction were not disclosed. Headquartered in Toronto, Ontario, Canada, Proteus provides specialized pension plan governance and investment consulting to corporate plan sponsors, …
A.M. Besthas downgraded the financial strength rating to A+ (Superior) from A++ (Superior) and the long-term issuer credit rating to “aa-” from “aa+” of Tokio Millennium Re AG (TMR) (Switzerland). In addition, A.M. Best has placed these credit ratings under …
Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management and insurance programs headquartered in Cortland, N.Y. Terms of …
Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Insurance Management Associates Inc. (IMA). Terms of the transaction were not disclosed. Based in Annapolis, Md., IMA is a full-service commercial and personal insurance agency. IMA President Randall …
Investment manager Neuberger Berman Group has acquired an asset manager and an affiliated reinsurer, which manage funds of more than $1 billion and focus on insurance-linked strategies. New York-based Cartesian Re and its Bermuda affiliate Iris Re were purchased from …
