Mergers and Acquisitions
SRS Europe Steers into Malta with Ark Management Acquisition
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. Read More
Cayman Leads in Offshore M&A Deals, According to Appleby Report
An Appleby report for the first half of 2018 found much of the world has seen a fallback in the volume of offshore merger and acquisition (M&A) deals. Yet, according to the law firm, value is up "firmly" and organizations are benefiting from a "resurgent world economy." Read More
SOBC DARAG Completes Peachtree Runoff Acquisition
The joint venture SOBC DARAG has completed its first acquisition: Florida-based Peachtree Casualty Insurance Company (Peachtree). SOBC DARAG was formed in Delaware to support DARAG's expansion into the US and Bermuda/Caribbean runoff markets. The joint venture and Peachtree acquisition were both announced in mid-August. Read More
Ignoring Culture Is Not an Option in M&A Transactions
Mercer's mergers and acquisitions (M&A) readiness research report, titled "Mitigating Culture Risk to Drive Deal Value," found that 43 percent of M&A transactions worldwide experienced such serious culture issues that deals were delayed or terminated or purchase prices were negatively impacted. In addition, 67 percent experienced delayed synergy realization due to culture issues. Read More
Randall & Quilter Acquires Captive Insurance Company
Randall & Quilter Investment Holdings Ltd. will acquire Western Captive Insurance Company Designated Activity Company, the Irish-domiciled captive insurance company of the Coffey Group of companies in Ireland. Read More