INSURASALES

Tag: Mergers and Acquisitions

Icen Risk Launches U.S. Operations with $50M Zurich Backing

Icen Risk, a London-based MGA, has launched U.S. operations with $50 million capacity from Zurich, marking a significant cross-border expansion in the insurance sector.

DB Insurance Acquires U.S.'s Fortegra for $1.6 Billion to Expand Global Footprint

DB Insurance acquires U.S. specialty insurer Fortegra for $1.6 billion, marking significant expansion into the U.S. market with enhanced program distribution and auto protection lines.

DB Insurance to Acquire U.S. Specialty Carrier Fortegra for $1.65B

DB Insurance agrees to acquire U.S. specialty insurer Fortegra from TIPT for $1.65 billion, marking a major M&A transaction in the U.S. insurance sector.

AM Best Reviews Banner Life, William Penn-NY Ratings Amid Meiji Yasuda Acquisition

AM Best maintains ratings for Banner Life and William Penn-NY as Legal & General sells U.S. protection business to Meiji Yasuda, highlighting strategic moves in U.S. life insurance and pension risk transfer sectors.

AM Best Reviews Credit Ratings for Banner Life and William Penn Amid Meiji Yasuda Acquisition

AM Best maintains review status for Banner Life and William Penn credit ratings amid Meiji Yasuda's $2.3B U.S. protection business acquisition, highlighting strong financials and strategic growth.

Arthur J. Gallagher Acquires Pacific Northwest Brokerage Durham & Bates

Arthur J. Gallagher expands into Pacific Northwest by acquiring insurance brokerage Durham & Bates, boosting property/casualty and employee benefits services.

Private Equity Firm to Acquire Sapiens for $2.5 Billion

Private equity firm to acquire Nasdaq-listed insurance tech firm Sapiens for $2.5 billion, signaling consolidation and growth in the U.S. insurance software market.

UnitedHealth to Divest Assets in $3.3B Amedisys Acquisition to Preserve Competition

UnitedHealth Group settles with US Justice Department requiring divestiture of 164 home health and hospice facilities in $3.3 billion Amedisys acquisition to maintain market competition and compliance.

WTW Strengthens Insurance Consulting Leadership with Key Senior Hires

WTW appoints senior directors to boost annuity actuarial consulting, M&A advisory, and life insurance product pricing capabilities in its Insurance Consulting & Technology division.

Insurers and Asset Managers Acquire European Closed Life Market Portfolio

A consortium of insurers and asset managers completed an acquisition targeting the development of the closed life insurance market in Europe, highlighting increased institutional interest in closed book portfolios.