Browsing: acquisition

Knighthead Insurance Group expands strategic presence in the U.S. reinsurance market with the acquisition of Merit Life Insurance Co. and the introduction of Knighthead Life.

Arthur J. Gallagher & Co. (AJG) announced the acquisition of Dyste Williams, a Minneapolis-based retail insurance agency, bolstering its small business insurance offerings.

Chubb Limited announced agreements to acquire Liberty Mutual’s insurance businesses in Vietnam and Thailand, expanding its presence in the Asia-Pacific region.

Chubb Ltd. will acquire Liberty Mutual’s property and casualty (P&C) insurance businesses in Thailand and Vietnam.

Chubb Limited announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam.

Mayer Brown is representing Nippon Life Insurance Company in its acquisition of Resolution Life.

NormanMax Insurance Holdings has agreed to acquire FloodFlash, a managing general agent (MGA) specializing in parametric flood insurance, pending regulatory approval. The deal will allow NormanMax to broaden its coverage and enhance its parametric solutions, including those for other natural catastrophes.

NSM Insurance Group, a global specialty insurance provider, has entered an agreement to sell its U.S. commercial insurance division to New Mountain Capital. The deal is expected to close within the next 45 days.

Nippon Life Insurance plans to acquire the remaining shares of Resolution Life Group Holdings for $8.2 billion, solidifying its position in the U.S. market. This move marks the largest overseas acquisition by a Japanese insurer to date, highlighting a trend of expansion in response to domestic challenges.

NSM Insurance Group has reached an agreement to sell its US commercial insurance division to New Mountain Capital. The deal involves 15 niche insurance programs.