merger and acquisition (M&A) News

Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports

Roper Technologies Inc. is in talks to acquire Vertafore for close to $5.5 billion, Reuters reported, citing people familiar with the matter who weren’t identified. The acquisition would be the biggest ever for the Sarasota, Florida-based maker of industrial equipment, …

Florida Approves Anthem Bid to Acquire Cigna’s Florida-based Affiliates

The Florida Office of Insurance Regulation (OIR) has issued a Consent Order (see below) approving, with additional requirements, Anthem, Inc.’s (Anthem) application to acquire 100 percent of the issued and outstanding voting securities of HealthSpring of Florida (d/b/a Leon Medical …

Medical Professional Insurer Market Prepped for Consolidation: Fitch

The medical professional liability insurance market continued its years-long decline in 2014 in terms of net written premium volume, hammered by forces including worsening accident-year results and a rapidly evolving healthcare market, Fitch Ratings found. Despite its challenges, the MPLI …

Anthem to Buy Cigna, Creating Largest U.S. Health Insurer by Membership

Anthem Inc. said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal – the biggest ever in the health insurance industry – comes three weeks …

Reinsurance Industry Faces Uncertain Future as Time Moves On

It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of the “we do …

Swiss Re sigma Report Examines Role of Insurance in M&A Deals

A new sigma report –”M&A in insurance: start of a new wave?” – from Swiss Re points out that “merger and acquisition (M&A) activity in the insurance industry is rising although the number of deals still remains well below levels …