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XL Group's $3.4 billion bid to buy London rival Catlin may start trend

By: Douglas McLeod

Published December 21, 2014 - 6:00am CST

XL Group P.L.C. will gain scale and a much bigger London presence with its proposed acquisition of Catlin Group Ltd., though some experts express caution about potential pitfalls of the combination.

Ace buying Fireman's Fund high-net-worth business for $365 million

By: Shelby Livingston

Published December 18, 2014 - 3:19pm CST

Ace Ltd. on Thursday announced it has signed an agreement to acquire the Fireman's Fund Insurance Co.'s U.S. high-net-worth personal lines insurance business from Munich-based Allianz S.E. for $365 million.

Deere to sell crop insurance business to Farmers Mutual Hail

By: Judy Greenwald

Published December 18, 2014 - 2:11pm CST

Deere & Co. said Thursday it has reached a definitive agreement to sell its crop insurance business to West Des Moines, Iowa-based Farmers Mutual Hail Insurance Co. of Iowa.

Integro acquires bloodstock broker Howard Global Insurance Services

By: Sarah Veysey

Published December 17, 2014 - 9:32am CST

New York-based Integro Ltd. has acquired London-based Howard Global Insurance Services Ltd., a Lloyd's of London broker that specializes in bloodstock, Integro announced Wednesday.

XL proposes $3.9 billion takeover of Catlin

By: Sarah Veysey

Published December 17, 2014 - 8:59am CST

XL Group P.L.C. has approached rival insurer and reinsurer Catlin Group Ltd. with a proposed takeover offer of about £2.5 billion ($3.93 billion).

Alliant acquires New York employee benefits provider

By: Shelby Livingston

Published December 11, 2014 - 12:47pm CST

Specialty insurance broker Alliant Insurance Services Inc. on Thursday announced it has acquired New York-based employee benefits provider The Camps Group L.L.C.

Forensic engineering services firm PT&C acquires competitor LWG Consulting

By: Shelby Livingston

Published December 11, 2014 - 12:01pm CST

Forensic engineering services provider PT&C Forensics Inc., which does business as PT&C Forensic Consulting Services P.A., has acquired Northbrook, Illinois-based forensic engineering firm LWG Consulting Inc.

Involve risk managers early with international corporate acquisitions

By: Judy Greenwald

Published December 09, 2014 - 9:47am CST

SINGAPORE — Problems can arise when there is a delay in bringing risk managers into discussions about international acquisitions, said a speaker at the Pan-Asia Risk & Insurance Management Association's Asian Risk Management Conference.

Jardine Lloyd Thompson buys aviation insurance broker Hayward for $42M

By: Sarah Veysey

Published December 08, 2014 - 10:10am CST

Jardine Lloyd Thompson Group P.L.C. said Monday that it has acquired aviation insurance brokerage Hayward Aviation Ltd. from Towergate Insurance Ltd. for £27 million ($42.1 million).

Arthur J. Gallagher, Jiang Tai to set up Shanghai insurance venture

By: Sarah Veysey

Published December 08, 2014 - 9:32am CST

Arthur J. Gallagher, the London-based international broking division of Arthur J. Gallagher & Co., on Monday said it has reached a joint venture agreement with Jiang Tai Insurance Broker Co. Ltd. to set up a Shanghai-based operation.

RenaissanceRe's purchase of Platinum may signal start of buyout trend

By: Matthew Lerner

Published December 07, 2014 - 6:00am CST

RenaissanceRe Holdings Ltd.'s $1.9 billion agreement to merge with Platinum Underwriters Holdings Ltd. will boost RenaissnanceRe's casualty book and may signal more deals among reinsurers with complementary offerings.

Crawford & Co. furthers global expansion efforts with purchase of GAB Robins

By: Bill Kenealy

Published December 07, 2014 - 6:00am CST

Crawford & Co.’s acquisition of London-based claims management firm GAB Robins Holdings U.K. Ltd. marks another step by the Atlanta-based claims management service provider to bolster its global specialty lines services.

Arthur J. Gallagher acquires Australia-based brokerage Blue Holdings

By: Shelby Livingston

Published December 05, 2014 - 3:14pm CST

Arthur J. Gallagher & Co. has acquired Brisbane, Australia-based insurance brokerage and risk management firm Blue Holdings Pty Ltd.

Nodak Mutual acquires South Dakota auto MGA, underwriting firms

By: Shelby Livingston

Published December 05, 2014 - 11:48am CST

Property/casualty insurer Nodak Mutual Insurance Co. has acquired Spearfish, South Dakota-based managing general agent Tri-State Ltd. and Spearfish-based specialty underwriter Primero Insurance Co.

Mitchell International to acquire pharmacy claims manager Cogent Works

By: Shelby Livingston

Published December 03, 2014 - 3:21pm CST

Insurance technology provider Mitchell International Inc. has signed an agreement to acquire Salt Lake City-based pharmacy claims manager Cogent Works L.C.

Asia-Pacific attracting M&A activity from diverse market players

By: Mark A. Hofmann

Published December 03, 2014 - 1:09pm CST

The Asia-Pacific region is experiencing mixed merger and acquisition trends in the insurance sector as buyers from “diversified backgrounds seek deals for a variety of purposes,” according to a report issued by A.M. Best Co. Inc.

Schinnerer acquiring underwriting manager specializing in auto dealers and repair shops

By: Shelby Livingston

Published December 03, 2014 - 12:21pm CST

Managing general underwriter Victor O. Schinnerer & Co. Inc. is set to acquire Overland Park, Kansas-based MGU SeaFire Insurance Services L.L.C. from Preferred Concepts Holdings L.L.C.

Hub International acquires California broker John O. Bronson

By: Shelby Livingston

Published December 02, 2014 - 3:59pm CST

Hub International Ltd. has acquired Sacramento, California-based property/casualty, personal and employee benefits broker John O. Bronson Co.

Brokerage USI buys Holmes Murphy's St. Louis operation

By: Matt Dunning

Published December 02, 2014 - 2:29pm CST

USI Holdings Corp. has acquired insurance brokerage Holmes Murphy & Associates Inc.’s operation in St. Louis, USI announced Tuesday.

Sedgwick buys software developer Absentys

By: Shelby Livingston

Published December 02, 2014 - 2:02pm CST

Sedgwick Claims Management Services Inc. has acquired Chattanooga, Tennessee-based software developer Absentys L.L.C.

Arthur J. Gallagher acquires Australian broker Instrat

By: Matthew Lerner

Published December 02, 2014 - 10:41am CST

Arthur J. Gallagher & Co. on Tuesday said it has acquired Clayton North, Australia-based Instrat Insurance Brokers Pty Ltd.

Insurance law firms Locke Lord, Edwards Wildman Palmer to merge

By: Judy Greenwald

Published December 01, 2014 - 1:11pm CST

Two prominent insurance defense firms, Locke Lord L.L.P. and Edwards Wildman Palmer L.L.P., on Monday said they plan to merge, effective Jan. 10.

Claims manager Crawford buys GAB Robins for $73.3M

By: Bill Kenealy

Published December 01, 2014 - 12:43pm CST

Claims management services provider Crawford & Co. on Monday said it has acquired London-based claims management firm GAB Robins Holdings UK Ltd. for $73.3 million.

Best puts RenaissanceRe on negative review pending Platinum deal

By: Matthew Lerner

Published November 25, 2014 - 2:31pm CST

Financial ratings agency A.M. Best Co. Inc. has placed certain units of RenaissanceRe Holdings Ltd. under review with negative implications in the wake of its $1.9 billion offer to buy Platinum Underwriters Bermuda Ltd., saying RenRe's move into casualty lines is outside of its core competency.

RenRe acquisition of Platinum may signal trend in soft reinsurance market

By: Matthew Lerner

Published November 24, 2014 - 3:07pm CST

While RenaissanceRe Holdings Ltd.'s $1.9 billion purchase of fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd. will bear specific fruit for the buyer, the deal is being driven at least in part by overall soft market conditions coupled with an abundance of capital — and may portend further deals.

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