November 5, 2021
Subsidiaries of insurance agency partnership BRP Group have agreed to acquire substantially all of the assets of Wood Gutmann & Bogart Insurance Brokers and certain of its affiliates and related entities. Based in Tustin, California, WGB is a middle-market brokerage …
November 4, 2021
Smith Brothers Insurance, based in Glastonbury, Connecticut, has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The transaction is effective November 1, 2021. The acquisition expands Smith Brothers Insurance’s footprint in Massachusetts and allows Oxford Insurance to …
November 3, 2021
Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49% of Willis Towers Watson India …
November 2, 2021
American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9% equity stake in AIG’s Life & Retirement business and for Blackstone to manage an initial $50 billion of Life & …
November 2, 2021
Corporate governance and investor data firm Institutional Shareholder Services Inc. said it has agreed to acquire Discovery Data, Inc., which provides data and analytics to the asset management, insurance and other financial services industries. No terms were disclosed. Based in …
November 1, 2021
UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million in cash. The deal was first announced in May. Ardonagh has acquired 100% of Ed Broking Group and Besso Insurance, …
November 1, 2021
Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali’s buyout offer, investors had tendered shares …
October 29, 2021
The Agnelli family’s EXOR NV agreed to sell its PartnerRe reinsurance unit to France’s Covéa for $9 billion, reviving a transaction that collapsed at the onset of the pandemic last year. Talks broke down in May 2020 when EXOR rejected …
October 28, 2021
PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE’s stake in French insurer CNP, the companies said on Thursday, and then plans to make an offer to buy the rest of …
October 27, 2021
Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not announced. Headquartered in Basking Ridge, New Jersey, Corrigan Johnston was founded …