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Gallagher acquires New York broker

Published September 18, 2014 - 1:02pm CST

Arthur J. Gallagher & Co. has acquired New York-based Hagedorn & Co.

Allianz integrates Fireman’s Fund commercial business to boost U.S. P/C brand

By: Rodd Zolkos

Published September 17, 2014 - 3:56pm CST

The commercial property/casualty insurance business of Fireman’s Fund Insurance Co. will be integrated into Allianz Global Corporate & Specialty.

Mid-market consultant Benefits Resource joins Digital Benefits Advisors

By: Matt Dunning

Published September 17, 2014 - 1:58pm CST

Atlanta-based Digital Benefits Advisors on Wednesday said it has added Benefits Resource L.L.C., an Aliso Viejo, California-based consultant, to its nationwide network of employee benefits-only service providers.

Sedgwick expands with specialized insurance claims service acquisition

By: Stephanie Goldberg

Published September 17, 2014 - 11:52am CST

Sedgwick Claims Management Services Inc. has signed an agreement to acquire T&H Global Holdings L.L.C. and its subsidiaries, the Memphis, Tennessee-based third-party administrator said Wednesday.

Allergan reaches truce with suitors on special shareholder meeting

Published September 16, 2014 - 11:33am CST

(Reuters) — Allergan Inc. and its suitors Pershing Square Capital Management and Valeant Pharmaceuticals Inc. settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date of Dec. 18.

Consolidation continues to be major factor in excess and surplus lines sector

By: Judy Greenwald

Published September 14, 2014 - 6:00am CST

Consolidation continues to be a major factor in the excess and surplus lines market as companies seek economics of scale.

Insurer M&A activity slowly rebounding in first half of 2014: Clyde & Co.

By: Sarah Veysey

Published September 14, 2014 - 6:00am CST

There was a small increase in the number of merger and acquisitions deals in the insurance sector during the first half of 2014, according to a report by law firm Clyde & Co. L.L.P. in London published Sunday.

Arthur J. Gallagher acquires Australian niche broker Parmia

By: Mark A. Hofmann

Published September 12, 2014 - 9:47am CST

Arthur J. Gallagher & Co. has expanded its Australian operations by acquiring Parmia Pty Ltd. of Beenleigh, Australia, Itasca, Illinois-based Gallagher announced Friday.

Willis Re acquires Maine-based accident and health reinsurance broker

By: Matthew Lerner

Published September 11, 2014 - 1:28pm CST

Willis Re Inc., the North American reinsurance business of Willis Group Holdings P.L.C., will acquire Portland, Maine-based reinsurance broker SurePoint Reinsurance Advisors L.L.C., Willis said Thursday.

Commercial broker consolidations expected to continue: MarketScout speaker

By: Matthew Lerner

Published September 10, 2014 - 4:09pm CST

DALLAS — Consolidation in the commercial insurance brokerage sector is likely to continue over the next several years driven in large part by funding from private equity entities.

Gallagher expands in Connecticut

Published September 10, 2014 - 10:05am CST

Arthur J. Gallagher & Co. has acquired Everett James, Inc. located in Ridgefield, Connecticut, Itasca, Illinois-based Gallagher announced this week.

Gallagher buys Connecticut-based benefits consultant

By: Matt Dunning

Published September 09, 2014 - 4:47pm CST

Arthur J. Gallagher & Co. on Tuesday announced the purchase of Everett James Inc., a Ridgefield, Connecticut-based employee benefits broker and consultant.

York Risk Services buys claims adjuster Sams & Associates

By: Rodd Zolkos

Published September 09, 2014 - 2:00pm CST

York Risk Services Group Inc. on Tuesday said it has acquired Donald K. Sams & Associates Inc., a Granite Bay, California independent claims adjusting company.

Aon execs to join Jardine Lloyd Thompson U.S. specialty division

By: Judy Greenwald

Published September 04, 2014 - 2:59pm CST

Jardine Lloyd Thompson Group P.L.C. on Thursday said it has hired five former Aon P.L.C. executives to its new U.S. specialty business and plans to hire two more.

Ironshore offers specialty cover for environmental risks during M&As

By: Bill Kenealy

Published September 04, 2014 - 12:07pm CST

Ironshore International said on Wednesday that its mergers & acquisitions unit has enhanced its coverages to include environmental risks that can arise during deals.

Symphony Technology to buy Aon's eSolutions RMIS unit

By: Bill Kenealy

Published September 03, 2014 - 1:44pm CST

Aon P.L.C. said Wednesday that it has agreed to sell its risk management information systems business unit, Aon eSolutions Inc., to an affiliate of Palo Alto-based Symphony Technology Group.

Marsh Canada acquires specialty construction broker

By: Matthew Lerner

Published September 03, 2014 - 11:06am CST

Marsh Canada, a subsidiary of Marsh L.L.C., has acquired Montreal-based Kocisko Insurance Brokers Inc., a commercial insurance brokerage serving the construction sector, Marsh said in a statement Wednesday.

Kaufman buys Oval, which will rebrand to original Lochain Patrick

By: Bill Kenealy

Published September 02, 2014 - 3:28pm CST

The H.W. Kaufman Financial Group on Tuesday said it has purchased London-based Lloyd's of London broker Oval International Ltd.

Reinsurer mergers and acquisitions likely to rise on softening market

By: Douglas McLeod

Published August 31, 2014 - 6:00am CST

The reinsurance industry is likely to see more mergers and acquisitions in the coming months as firms seek to grow in a generally soft market and put excess capital to work.

Reinsurers rarely targeted for hostile takeover bids

By: Douglas McLeod

Published August 31, 2014 - 6:00am CST

Hostile takeover bids have not been common in the reinsurance industry, and observers differ about whether that may change in the wake of Endurance Specialty Holdings Ltd.'s failed bid for Aspen Insurance Holdings Ltd.

Ariel co-CEO Milligan to retire after sale of Ariel Re

By: Sarah Veysey

Published August 27, 2014 - 10:07am CST

Tom Milligan, co-CEO of Ariel Holdings Ltd., will retire upon completion of the sale of Ariel's reinsurance operations, Ariel Re, to Sao Paulo-based investment bank Banco BTG Pactual S.A.

National Financial Partners buys mid-market specialist Benefit Resources

By: Jerry Geisel

Published August 22, 2014 - 12:46pm CST

National Financial Partners Corp. said Friday that it has acquired Cincinnati-based Benefit Resources Inc., which specializes in group benefits, human resources and benefit compliance.

Allied World to buy RSA insurance operations in Hong Kong and Singapore

By: Mark A. Hofmann

Published August 22, 2014 - 10:29am CST

Allied World Assurance Co. Ltd. unit has reached agreements to acquire Royal & Sun Alliance Insurance P.L.C. Hong Kong and Singapore operations for about $215 million.

Indonesia lawmakers seek to limit foreign ownership in insurers

Published August 22, 2014 - 8:54am CST

(Reuters) — Indonesian lawmakers are looking into the possibility of reducing the stake foreign investors are allowed to hold in local insurers, the latest move toward more nationalistic policies in Southeast Asia's biggest economy.

NFP acquires two New England brokerages

Published August 19, 2014 - 8:59am CST

National Financial Partners Corp. has expanded its business in New England with a pair of brokerage acquisitions.

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