February 9, 2020
Investment group Exor, which controls carmaker Fiat Chrysler, is in exclusive talks to sell reinsurer PartnerRe to France’s Covea in a deal one source familiar with the matter said was worth around $9 billion. Exor, the investment vehicle of Italy’s …
February 7, 2020
Bermuda-based global specialty lines underwriter Argo Group International Holdings has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. Trident Public Risk Solutions provides insurance and risk management services for public sector entities …
February 7, 2020
Fidelity National Financial Inc said on Friday it would acquire U.S. annuities and life insurance firm FGL Holdings Inc. in a deal valued at $2.7 billion, as it seeks to expand beyond its core title insurance business. Reuters reported on …
February 7, 2020
CBIZ Inc., a provider of financial, insurance and advisory services, has acquired substantially all of the assets of Alliance Insurance Services Inc. (AIS) of Washington, D.C., effective February 1, 2020. With roots dating back to 1986, AIS is an independent …
February 7, 2020
Hub International Limited (Hub), a global insurance brokerage, has acquired Triester, Rossman & Associates Inc. (TRA Insurance Solutions). Terms of the transaction were not disclosed. Located in King of Prussia, Penn., TRA Insurance Solutions is an independent insurance firm providing …
February 6, 2020
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Kokkoris Corp., d/b/a Kokkoris Insurance Services. Terms of the transaction were not disclosed. Based in Astoria, N.Y., Kokkoris Insurance Services is a boutique insurance agency that provides …
February 5, 2020
Axa SA is in advanced talks to sell its central and eastern European operations to Austria’s Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in the coming weeks for the businesses …
February 5, 2020
California-based specialty insurance holding company K2 Insurance Services is acquiring London-based Pioneer Underwriters. Pioneer will form the cornerstone for a new international platform of K2. This will initially include the Pioneer offerings in property catastrophe reinsurance, financial institutions, international property …
February 4, 2020
Insurance broker Aon reported it has acquired Cytelligence Inc., a Canadian-based cyber security firm that provides incident response advisory, digital forensic expertise, security consulting services and cyber security training for employees. Aon said the acquisition will help it expand its …
February 4, 2020
The Andrew Agency has acquired A & R Associates in Alexandria, Va., effective January 15, 2020. Terms of the transaction were not disclosed. Founded in 1971, A & R Associates provides commercial insurance services to clients throughout Virginia, Maryland and …