Mergers & Acquisitions

Mergers & AcquisitionsInsurance industry M&A activity has moved beyond just insurers and brokers. Other vendors to the industry--such as tech companies, claims adjusters and restoration firms--are consolidating dominant positions by buying companies that expand their service offerings and broaden their reach.
Multiple companies expressing ownership interest in SGI

Multiple companies expressing ownership interest in SGI

Saskatchewan passed legislation in April that allows for the sale of up to 49% of a crown corporation

Intact Financial buys U.S. specialty insurer for C$2.3 billion

Intact Financial buys U.S. specialty insurer for C$2.3 billion

The company also announced a significant decline in first-quarter operating income

2016 ends with record-breaking CAT loss and dramatic decline in income

2016 ends with record-breaking CAT loss and dramatic decline in income

The year is also notable for insurers’ strategic ventures, according to new MSA report

BrokerLink Insurance expands with three new brokerages

BrokerLink Insurance expands with three new brokerages

Investments in technology and increased access to insurance products convinced independent brokerages to sell to BrokerLink

Andrew Agencies moves into Alberta with recent acquisition

Andrew Agencies moves into Alberta with recent acquisition

The brokerage also has a new chief operations officer

Canada’s P&C players keen on M&A, but not enough companies for sale: KPMG

Canada’s P&C players keen on M&A, but not enough companies for sale: KPMG

While the majority of players in the P&C insurance sector in Canada are hoping to make substantial mergers and acquisitions, there is a lack of …

Fairfax to acquire majority stake in Greece’s third-largest insurer

Fairfax to acquire majority stake in Greece’s third-largest insurer

Eurolife’s CEO will continue to lead the company

Towers Watson and Willis merger shows need for diversification

Towers Watson and Willis merger shows need for diversification

“…Towers Watson would have the HR-based clientele looking for insurance services.”

Zurich to acquire agricultural insurer for $1.05B

Zurich to acquire agricultural insurer for $1.05B

Rural Community Insurance Services is currently owned by Wells Fargo

Willis and Towers Watson shareholders approve revised merger

Willis and Towers Watson shareholders approve revised merger

Transaction is expected to close early in the new year

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Transcontinental Media G.P.