All M&A articles – Page 60
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News
Further consolidation fuels takeover talk
Further consolidation in the Lloyd’s insurance sector was forecast this week, causing a number of syndicates to stage a rally.Following Atrium Under-writing’s announcement that it was recommending a cash £193.2m offer from Bermudan Ariel Re, and with Canopius having recently been rumoured to have received an unsolicited approach from the ...
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News
Ariel Re acquires Atrium for £193m
Consolidation in the international insurance market is set to continue after Ariel Re became the latest major Bermudan reinsurer to take a stake in Lloyd’s.The reinsurer, which has $1bn of capital backing and is led by industry veteran Don Kramer, bought Lloyd’s managing agent, Atrium Underwriting, in a deal worth ...
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News
AXA in £100m broker acquisition drive
Broking operation aims to achieve £500m in annual premiums by end of year
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R3 forces way into travel sector
R3:Group completes the acquisition of the Forces Travel business
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Ariel move in on Atrium
Ariel Re will become second major Bermudan reinsurer to buy Lloyd's entity
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Swinton continues its commercial acquisition spree
Rockford is second buy for personal lines giant
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Swinton bolsters commmercial offering with acquisition
Buys northern England broker Rockford
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Ariel Re touted as Bermudan insurers eye Canopius takeover
Canopius has become the latest takeover target for Bermudan insurers looking to gain a foothold in the Lloyd’s market.The insurer is understood to have received several unsolicited approaches in the region of £250m, with Ariel Re being touted as a potential bidder.The Bermuda reinsurer, led by industry veteran Don Kramer, ...
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Oval acquires North West broker Creamer
Acquisition takes Oval’s annual premium income to £350m
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Equity snaps up Surrey broker
Insurer strengthens its regional position with further acquisition
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Admiral pulls out of sale talks
Insurer ends discussions over potential £600m sale of Confused.com
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Comments/Letters
A private off-road vehicle
Andrew Cave says the tie-up between the AA and Saga is just a cross-selling exercise
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News
Groupama poised to swoop for broker Lark
Insurer leads pack of four bidders for high net worth specialist
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News
British Insurance poised to clinch sale
Niche PPI broker British Insurance is looking to wrap-up its sale by the end of August with five potential buyers in the frame