Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
April 30, 2021
 
 
 

CFC to Launch Lloyd's Syndicate with Asta as Manager

Apr 30, 2021 -- LONDON — Specialty insurance underwriter CFC reported that Lloyd's of London has given preliminary approval to the creation of CFC...
 

HG Holdings to Acquire National Consumer Title Insurer From Southern Fidelity

Apr 30, 2021 -- North Carolina-based HG Holdings said it has agreed to acquire 100% of the equity of Florida-based National Consumer Title Insurance Co....
 

London MGA Optio Acquires Nuclear Insurance Specialist MGA Northcourt

Apr 29, 2021 -- LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed...
 

Chubb CEO Sees 'Outstanding' Q1 and Lots of Options for Growth Without Hartford

Apr 29, 2021 -- Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior year's first quarter as...
 

EU Set to Approve Aon-Willis Merger; More Concessions Unlikely: Reuters

Apr 28, 2021 -- Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to...
 

Alera Group Acquires New Jersey's Duryea Agency

Apr 28, 2021 -- Alera Group, a financial services and risk management company, has acquired Duryea Agency, an insurance agency providing personal...
 

P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1

Apr 28, 2021 -- Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021. The number of...
 

IMA Financial Group Acquires California's Bolton

Apr 28, 2021 -- Denver-based insurance brokerage IMA Financial Group said it is expanding to California by acquiring Bolton & Co. in a transaction...
 

SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield

Apr 28, 2021 -- U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify...
 

EU Inquires About 9 Potential Buyers of Assets in Aon-Willis Deal

Apr 27, 2021 -- BRUSSELS--EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered...
 

Agency Start-up Sigo Serving Latinx, Immigrant Drivers Raises $1.5M

Apr 27, 2021 -- A start-up managing general agency focused on auto insurance for underserved populations including immigrants and Latin Americans has...
 

Small Insurance M&As Create More Value Than Large Deals: McKinsey

Apr 26, 2021 -- McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those that stick to organic...
 
 
 
 
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