Mergers and Acquisitions
AIG Expands Underwriting Capabilities with Glatfelter Acquisition
American International Group, Inc. (AIG), has entered into a definitive agreement to acquire Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programs and retail operations. Read More
Marsh & McLennan To Acquire Jardine Lloyd Thompson Group Plc
Marsh & McLennan Companies Inc. announced that it will acquire Jardine Lloyd Thompson Group plc for an estimated enterprise value of $6.4 billion. Read More
Markel To Acquire Nephila Holdings Limited
Markel Corporation (Markel) and Nephila Holdings Limited (Nephila) entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. The transaction is expected to close in the fourth quarter of 2018. Read More
Insurance Sector M&A Deal Value Increases 183 Percent Year over Year
According to a recent PwC report, the mergers and acquisitions (M&A) deal value in the insurance sector practically tripled during the first half of 2018 compared with the same period in 2017. The report attributes the heightened value to mega-deals and federal tax reform effects. Read More
Risk Strategies Acquires Captive Manager, Oxford Risk Management
Insurance brokerage firm Risk Strategies has acquired Oxford Risk Management Group (Oxford), an alternative risk and captive insurance and consultant. Oxford conducts captive feasibility analysis and also coordinates and manages turnkey captive insurance company arrangements, both domestically and internationally. Read More