Browsing: acquisition

AM Best has maintained the financial strength and credit ratings of The Doctors Company Insurance Group (TDC Group) after the announcement of its planned acquisition of ProAssurance Corporation (PRA).

German insurance giant ERGO Group has acquired Israeli-founded NEXT Insurance in a $2.6 billion all-cash deal, marking ERGO’s entry into the US insurance market.

Munich Re is set to acquire Next Insurance, aiming to tap into significant growth opportunities in the insurance sector.

The acquisition will see the digital insurer become part of Munich Re’s ERGO Group, expanding its presence in the U.S. small business insurance market.

CRC Group acquires Risk Transfer Partners to strengthen its presence in the construction, energy, environmental, and manufacturing sectors.

Shardul Amarchand Mangaldas & Co. acted as legal counsel to Bajaj Finserv in its proposed acquisition of Allianz SE’s stake in their insurance joint ventures, a deal valued at approximately $2.8 billion.

The Doctors Company, a major medical malpractice insurer, has announced its acquisition of ProAssurance Corporation for $25.00 per share in cash, valuing the deal at approximately $1.3 billion.

Sierra Financial Holdings, LLC receives regulatory approval to acquire Preferred Security Life Insurance Company, expanding its financial services portfolio.

Health Care Service Corp. acquires Cigna’s Medicare Advantage plans and related services for $3.3 billion, expanding its presence in the Medicare market.

Sierra Financial Holdings, LLC has received regulatory approval to acquire Preferred Security Life Insurance Company, expanding its financial services offerings.