KKR to acquire full ownership of insurance giant Global Atlantic for $2.7bn

Pallavi Madhiraju- November 29, 2023 0

KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group announced a landmark deal, signaling KKR's acquisition of the remaining 37% stake in Global ... Read More

Aviva to acquire Canadian vehicle replacement insurance provider Optiom

Pallavi Madhiraju- November 28, 2023 0

Aviva plc has announced its acquisition of Optiom O2 Holdings Inc, commonly known as Optiom, for a consideration of approximately £100 million (about CAD$170 million). ... Read More

Arthur J. Gallagher expands in New York with acquisition of Evans Agency

Pallavi Madhiraju- November 8, 2023 0

In a significant move to expand its market presence in the Northeastern United States, Arthur J. Gallagher & Co. has entered into a definitive agreement ... Read More

Keaney Insurance Brokers joins Arthur J. Gallagher & Co. following strategic acquisition

Pallavi Madhiraju- November 6, 2023 0

In a move to bolster its service offerings in Ireland, Arthur J. Gallagher & Co. has acquired Keaney Insurance Brokers Ltd, a Dublin-based commercial insurance ... Read More

Travelers Companies to acquire cyber insurance leader Corvus for $435m

Pallavi Madhiraju- November 6, 2023 0

In a strategic move to enhance its cybersecurity insurance offerings, The Travelers Companies, Inc. (NYSE: TRV) has entered an agreement to acquire Corvus Insurance Holdings, ... Read More

Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m

Pallavi Madhiraju- November 2, 2023 0

Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one ... Read More

RenaissanceRe finalizes $3bn acquisition of AIG’s Validus Re

Pallavi Madhiraju- November 1, 2023 0

RenaissanceRe Holdings Ltd. (NYSE: RNR) today achieved a major milestone in its growth strategy by concluding the acquisition of Validus Re, the treaty reinsurance arm ... Read More

Alliant Insurance Services expands in Oklahoma with Commercial Risk Group acquisition

Pallavi Madhiraju- November 1, 2023 0

Alliant Insurance Services has announced its acquisition of Commercial Risk Group (CRG), a retail property and casualty (P&C) insurance agency based in Broken Arrow, Oklahoma. ... Read More

Cadence Bank announces $904m sale of Cadence Insurance to Gallagher

Pallavi Madhiraju- October 24, 2023 0

Cadence Bank (NYSE: CADE) has unveiled a definitive pact to divest its insurance unit, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. (Gallagher) (NYSE: ... Read More

Arthur J. Gallagher & Co. acquires Michigan’s Meadowbrook Insurance Agency

Pallavi Madhiraju- October 18, 2023 0

Arthur J. Gallagher & Co. unveiled its acquisition of the assets of Meadowbrook Insurance Agency, a prominent retail insurance broker headquartered in Southfield, Michigan. While ... Read More