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Tag: 2021 M&A


News

Vienna Insurance Agrees to Share Ownership of Hungary Unit to Save Aegon Deal

December 28, 2021

Via: Insurance Journal

Vienna Insurance Group AG agreed to share ownership of its Hungarian operations with a state investment fund after months of negotiations, in order to salvage an 830 million-euro ($941 million) deal to buy regional assets from Aegon NV. The insurer […]


News

Argo Announces Sale of ArgoGlobal SE as Group Focuses on U.S. Specialty Insurance

December 20, 2021

Via: Insurance Journal

Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance, announced an agreement to sell its Malta business operations, ArgoGlobal Holdings (Malta) Ltd. and its subsidiaries, to Riverstone Holdings Ltd. (part of the RiverStone International group), an acquirer and […]


Brokers

Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE

December 6, 2021

Via: Insurance Journal

Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in April, were not disclosed. Under the […]


Brokers

Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business

December 1, 2021

Via: Insurance Journal

Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance brokerage operations of Willis Towers Watson plc. Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher […]


Brokers, News

Goldman Sachs-Backed Aston Lark Acquires UK-Based Essex Insurance Brokers

August 10, 2021

Via: Insurance Journal

Aston Lark Group, the London-based insurance broker backed by Goldman Sachs, announced it has acquired Essex Insurance Brokers Ltd. Established in 1964 and based in Hornchurch, England, Essex Insurance Brokers serves both personal and business clients in the UK, with […]