Geo Underwriting Acquires Navigators & General
Geo Underwriting, a part of Ardonagh Advisory, has announced it will acquire Navigators & General (N&G) from Zurich UK.
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Geo Underwriting, a part of Ardonagh Advisory, has announced it will acquire Navigators & General (N&G) from Zurich UK.
Ambac Financial Group has completed the acquisition of a 60% controlling stake in London-based insurance underwriting and MGA incubation platform Beat Capital Partners.
AXA has announced it is set to acquire Gruppo Nobis for an upfront payment of €423 million, with a potential extra earn-out of up to €55 million.
EPIC Insurance Brokers and Consultants has completed the acquisition of US-based Century Insurance Group for an undisclosed sum.
German insurer Allianz announced on Wednesday that it plans to buy a majority stake in Singapore’s Income Insurance for around $1.6 billion, as it seeks to strengthen its position in Asia.
Heffernan Insurance, one of the largest independent insurance brokerage firms in the United States, has announced the acquisition of Costello Insurance Associates, a move that officially adds aviation expertise to its extensive range of services.
Hub International Limited (Hub) has expanded its footprint in Tennessee with the acquisition of Wyatt Insurance Services, Inc.
Marsh McLennan has announced the acquisition of The Horton Group, a leading insurance brokerage and one of the top independent insurance brokers. The terms of the deal have not been disclosed.
Unum Group has announced a definitive agreement to sell its Medical Stop Loss business to the Amynta Group, an insurance services company.
An EY report has highlighted a significant increase in publicly disclosed M&A deals in the UK insurance industry, rising from 54 deals in H1 2023 to 94 in H1 2024. The overall deal value has also surged from £400 million to £900 million.
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