Recent mergers and acquisitions in the insurance industry highlight significant moves by major players. Howden acquires Chilean retail insurance broker Ureta & Fernandez Corredores de Seguros Limitada while United Risk purchases Australian facultative reinsurance MGA Pinnacle Underwriting.
The Ardonagh Group has acquired SRB Assekuranz Broker AG, a Zurich-based insurance broker specializing in corporate customers, particularly in the industrial sector.