purchase News

R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper

London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh UK, on the 31st May. The businesses “comprise all of GHC’s Specie and Cargo practices and most of …

IAG’s Malaysian Associate, AmG, Seeks to Acquire KurniaIAG

Insurance Australia Group Limited announced that its 49 percent-owned Malaysian associate, AmG Insurance Berhad, “has submitted for local regulatory review a proposal to enter into an agreement to acquire Kurnia Insurans (Malaysia) Berhad (Kurnia), the principal general insurance business of …

Arrowhead General Insurance Agency Announces the Purchase of FLOW Traffic Control Program

San Diego, CA, 11/17/11 – ARROWHEAD General Insurance Agency, Inc., one of the nation’s largest property and casualty insurance general agencies, announced it has purchased the FLOW Traffic Control Insurance Program book of business from Trade Group Insurance Specialties, Inc. …

Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali

An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender. Investors are closely watching the first step in …