Mergers and Acquisitions
AIG Bolsters Reinsurance Business with Bermuda-Based Validus Purchase
American International Group, Inc. (AIG), has entered into a definitive agreement to acquire Validus Holdings, Ltd., a provider of reinsurance, primary insurance, and asset management services. The acquisition represents a significant step forward in AIG's strategy to deliver profitable growth and brings a diverse and complementary set of franchises across specialized products and regions. Read More
Davies Group Acquires R&Q's Captive Management Operations
Davies Group, a leading operations management, consultancy, and digital solutions provider, will acquire Randall & Quilter's (R&Q) insurance services and captive management operations. The sale follows R&Q's previously announced decision to simplify its operations to focus on core high-growth activities. Read More
Sedgwick Claims Management Acquires Cunningham Lindsey
Sedgwick Claims Management Services, Inc., a leading global provider of technology-enabled risk and benefits solutions, has signed an agreement to acquire Cunningham Lindsey, a global loss adjusting, claims management, and risk solutions firm. Read More
National Flood Services Acquired
StoneRiver National Flood Services, Inc. (NFS), is being acquired by AON Infinity, the association and group program business of AON Risk Solutions. Read More