Business

Mergers & Aquisitions News: Markel Buys Remainder of Nephila Holdings

Markel Corporation and Nephila Holdings Limited announced recently that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. Nephila is the pre-eminent insurance-linked securities manager in the […]

Insurance & Reinsurance

Mergers & Acquisitions Drop in EU, But Accelerate Across Rest of World

Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance […]

Lloyd's/London Market

Lloyds of London News: Lonmar and Ropner To Merge

Leading independent Lloyd’s brokers, Lonmar Global and Ropner Insurance confirm the merger of the two businesses with effect from 31 July 2018. Lonmar and Ropner are both long standing, highly respected Lloyd’s brokers and are […]

Business

GRP Buying Spree Continues With Guardian Insurance Deal Agreed

The County Group [County], part of GRP, has acquired a majority stake in Guardian Insurance Brokers [Guardian].  The deal has received regulatory approval and the consideration is undisclosed. This is the first deal that County, […]

Business

Zurich Completes Aquisition of Oak Underwriting

Leading insurer Zurich has completed the acquisition of Oak Underwriting from RSA Insurance, turning it into one of the largest high net-worth insurers in the UK. The transaction enhances Zurich’s existing high net-worth proposition, known […]

Business

Deals & Acquisitions: HRC Buying Qdos Contractor

Tokio Marine HCC announced its wholly-owned subsidiary, HCC International Insurance Company PLC, has signed a purchase agreement with Qdos Holdings Limited and other selling shareholders to acquire Qdos Contractor of The Qdos Group for an undisclosed amount.  Qdos […]

Business

Magenta Takes Stake in EGV Underwriting

SME growth investor, Magenta Partners (Magenta), has taken a minority stake in Eaton Gate Holdings Limited and Vigilis Holdings Limited (together EGV).  Founded in 2016 by serial entrepreneur Gary Burke, EGV is a managing general […]

Insurance Brokers

Broker News; Erskine Murray Buys Asciak Holdaway Merritt

Independent insurance broker, Erskine Murray, today announced that it has acquired Essex-based brokerage Asciak Holdaway Merritt Ltd. This is the company’s second deal in the last six months having recently acquired Offley Insurance Ltd, a […]