Deal News
PCF Insurance rakes in $400m debt to finance M&A
US insurance intermediary PCF Insurance has closed a $400m incremental debt financing round, led by global alternative asset manager Blue Owl. …
Marsh McLennan Agency to buy FBBINSURANCE for $315.9m
Marsh McLennan Agency has agreed to acquire Fisher Brown Bottrell Insurance (FBBINSURANCE) from Trustmark National Bank in an all-cash deal…
Oakbridge expands Georgia presence with Strawn & Co. Insurance partnership
US-based Oakbridge Insurance Agency (Oakbridge) has partnered with Strawn & Co. Insurance to bolster its presence in the south Atlanta region…
Chubb to acquire pet insurer Healthy Paws from Aon
Global property and casualty insurance provider Chubb has signed a definitive agreement with Aon to buy Healthy Paws, a US-based…
Indian Government mulls selling GIC and LIC stakes in FY 2024/25
The Indian Government is considering a minority stake sale in General Insurance Corporation of India (GIC) and Life Insurance Corporation…
Pen Underwriting forms capacity partnership with SiriusPoint
UK managing general agent (MGA) Pen Underwriting has entered into a partnership with reinsurer SiriusPoint to bolster its specialist capabilities…
Macquarie forms partnership with specialty insurer Mosaic
Macquarie Insurance Facility has formed a partnership with specialty insurer Mosaic after being approved as a Lloyd’s coverholder. The partnership…
Allianz divest 51% stake in Allianz Saudi Fransi to ADNIC
Allianz Group has completed the sale of its 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (Allianz Saudi Fransi)…
Alliant Insurance takes over Idaho’s Advanced Benefits
Alliant Insurance Services has deepened its presence in the US north-west through the acquisition of Idaho-based employee benefits consultancy Advanced…
CFC to purchase Solution Underwriting in Australia
CFC, a UK-based specialty insurance company, has announced plans to acquire Solution Underwriting, an Australian managing general agent. The acquisition…