Tag: Mergers and Acquisitions

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.

Verisk to Acquire AccuLynx for $2.35B, Enhancing Insurance Claims Tech Ecosystem

Verisk's $2.35B acquisition of AccuLynx strengthens its property insurance claims ecosystem by integrating contractor SaaS workflows and enhancing data-driven restoration services.

Verisk to Acquire AccuLynx for $2.35B, Enhancing Residential Insurance Analytics

Verisk is acquiring AccuLynx for $2.35 billion to strengthen its role in residential insurance analytics, aiming to streamline claims and reduce costs amid rising roofing repair expenses. The deal supports Verisk's growth strategy in the property and casualty market.

AM Best Affirms Direct General Life Insurance Ratings After Nationwide Acquisition

AM Best affirms Direct General Life Insurance Company's credit ratings post-acquisition by Nationwide Mutual, highlighting strong balance sheet and stable outlook.

King Risk Partners Expands with Acquisition of Cummings Insurance Agency in SC

King Risk Partners acquires Cummings Insurance Agency in South Carolina, expanding its presence in agricultural and equestrian insurance sectors as part of its regional growth strategy.