Mergers and Acquisitions
Randall & Quilter Investment Holdings Limited (R&Q) is set to acquire GLOBAL US Holdings Incorporated, the parent company of Reinsurance Corporation of America, a New York-domiciled reinsurance company in runoff.
Arthur J. Gallagher & Co. has acquired Chicago-based Captive Insurance Company Design and Operations, a captive consultant focused exclusively on medical and professional liability.
In its latest expansion push, Houston-based Capstone Associated Services, Ltd. said it is interested in acquiring the US captive management portfolios of other captive insurance management firms. Read on to learn more!
The Marsh and Jardine Lloyd Thompson Group plc (JLT) specialty teams will combine to form Marsh-JLT Specialty as a new specialty business within Marsh. The combination will be effective once the transaction closes between Marsh's parent company, Marsh & McLennan Companies, and JLT.
Strategic Risk Solutions Europe (SRS Europe) will acquire a majority share of Malta-domiciled Ark Insurance Management PCC Limited (Ark) as the firm accelerates its expansion into the European market.