2019 M&A News

GMG Insurance Agency Acquires Pennsylvania’s Superior Benefits Plans

GMG Insurance Agency (GMG), an independent insurance and risk management agency offering nationwide coverage and services, has acquired Superior Benefits Plans LLC, an independent employee benefits insurance brokerage firm. The acquisition expands upon GMG’s technological capabilities and capital management strategy …

Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business

Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which generated more than £150 million ($190 million) of gross written …

Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora

Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. for approximately €540 million ($618.9 million). The deal was first announced on April 18, 2018. The company will be …