Mergers and Acquisitions
July Proves To Be a Busy Month for DARAG Legacy Transactions
The Malta-based legacy acquirer, DARAG Group Limited (DARAG), has announced a number of transactions so far in July 2019, including US, UK, and Scandinavian deals. Read More
AIG Consolidates Assumed Reinsurance Operations To Form AIG Re
American International Group, Inc. (AIG), has formed AIG Re to consolidate its reinsurance operations into one global business. AIG has appointed Christopher Schaper as CEO of AIG Re. Read More
Hamilton Acquires Pembroke Managing Agency and Ironshore Europe
Bermuda-based Hamilton Insurance Group, Ltd. (Hamilton), is set to acquire Liberty Mutual Group's Pembroke Managing Agency Limited at Lloyd's and its Dublin-based Ironshore Europe DAC business. Read More
Clyde & Co M&A Report Finds Reinsurers Using Diverse Growth Tactics
Clyde & Co reported that completed insurance industry mergers and acquisitions (M&A) worldwide remained robust in 2018 with a slowdown in dealmaking during the fourth quarter. Read More
AON Drops Its Plans To Buy Willis Towers Watson
A day after AON PLC said it was considering buying rival Willis Towers Watson PLC, AON disclosed Wednesday that it is dropping the plan, which would have resulted in the creation of the world's largest captive insurance company manager. Read More