Canada's largest mutual Beneva and its smaller rival Gore Mutual are set to merge businesses under the Beneva brand.
US retail broker Highstreet Insurance Partners has acquired Winder Insurance Center, a Winder, Georgia-based firm specialising in business and personal insurance solutions.
Utah-based Trucordia has acquired provider of auto, home, business, and life insurance solutions Rusty Healy Insurance Agency, based in Madison, Mississippi.
Core Specialty has completed the acquisition of Seattle-based London Aviation Underwriters (LAU), marking the company’s 18th specialty business unit within the fronted programs subsegment.
French banking group BPCE and Italian insurer Generali have agreed a tie-up between their asset management divisions, creating a leading European asset manager with €1.9trn of assets under management.
January 20 by Gianluca Semeraro and Mathieu Rosemain (Reuters) - The boards of directors at Italian insurer Generali and French banking group BPCE are likely to give green lights on Monday to a tie-up of their asset management businesses, three sources close to the matter said.
After a strong finish to last year, 2025 is expected to be a vibrant year for European insurance industry M&A, according to George Netherton, partner and European head of insurance and asset management at Oliver Wyman in London.
Private equity-backed broker consolidator PIB Group has expanded into the Portuguese market through the acquisition of Vitorinos Group.
Southlake Financial Group has completed the acquisition of Las Vegas-based property and casualty insurer Nevada General Insurance Company from Western National Mutual Insurance Company.
The investment arm of Italian insurer Generali has penned a definitive agreement to acquire a majority stake in US private direct lending investment firm MGG Investment Group.