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Insurance Mergers & Acquisitions

 
June 4, 2021
 
 
 
 
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Generali, Allianz Are Among Suitors for NN Group's Asset Manager Arm: Sources

Jun 4, 2021 -- DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group...
 

Kin Insurance Funding Tops $69 Million as Pro Golfer McIlroy Joins Investors

Jun 3, 2021 -- A few weeks after a report that it is in talks to go public, home insurance startup Kin announced its newest funding from Symphony...
 

Aon to Sell U.S. Retirement, Retiree Health Units for $1.4B to Smooth WTW Acquisition

Jun 3, 2021 -- Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health...
 

Hub International Acquires Canada's Global Credit Risk Management Inc.

Jun 3, 2021 -- Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Global Credit Risk Management Inc. (GCRM). Terms of...
 

Venerable Completes Acquisition of Corporate Solutions Life Reinsurance Company

Jun 3, 2021 -- Venerable Holdings Inc. has completed its acquisition of Corporate Solutions Life Reinsurance Company (CS Life Re), a Delaware domiciled...
 

Broker Howden Launches World's 1st Fully Sustainable Insurer, Parhelion

Jun 2, 2021 -- Howden, the London-based insurance broker, announced it is launching a UK insurer called Parhelion, which it describes as "the world's...
 

Hub International Limited Acquires Assets of Epstein Financial Services LLC

Jun 2, 2021 -- Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Epstein Financial Services LLC and...
 

Allstate to Acquire Insurer SafeAuto to Merge Into National General Brand

Jun 2, 2021 -- Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states....
 

Arthur J. Gallagher Acquires LDJ American Online Benefits Group in Texas

Jun 2, 2021 -- Arthur J. Gallagher & Co. has acquired Addison, Texas-based LDJ American Online Benefits Group LLC (AOBG). Terms of the transaction...
 

Michigan's AF Group, Waypoint Partner on Assumed Reinsurance

Jun 1, 2021 -- Lansing, Mich.-based specialty insurance provider, AF Group, is entering the assumed reinsurance marketplace through a new partnership...
 

Generali Completes Purchase of AXA's Greek Units, Forms Bancassurance Agreement

Jun 1, 2021 -- Generali has completed the acquisition of AXA Group's Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash....
 

Intact Financial Corp. and Tryg Complete Acquisition of UK's RSA Insurance

Jun 1, 2021 -- Intact Financial Corp. announced that, together with Tryg A/S, it has completed the acquisition of RSA Insurance Group plc., after...
 

German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B

Jun 1, 2021 -- BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking...
 

AssuredPartners Acquires Anchor Pardue Insurance of Alabama

Jun 1, 2021 -- AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala. Anchor Pardue is the second acquisition in May for Assured...
 

Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica

Jun 1, 2021 -- Italy's largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn't...
 
 
 
 
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