Mergers & acquisitions (M&A)
Arthur J Gallagher reveals Barbon Insurance Group capture
Arthur J Gallagher (AJG) has bought all the property and commercial businesses within Barbon Insurance Group (BIG) for an undisclosed amount.
Markel improves COR by 5%
Markel International has reported a combined operating ratio (COR) of 92% for the first quarter of 2013, compared with 97% in the same period of last year.
Towergate bondholder report reveals £11.6m PowerPlace loss
Towergate racked up an £11.6m loss on the sale of PowerPlace, its annual bondholder 2012 report has revealed.
Collinson buys Aria Assistance
The Collinson Group is to buy Aria Assistance as it looks to expand its portfolio of complementary businesses with the general insurance and financial services market.
Barnett & Barnett in name change following MBO
Barnett & Barnett has changed name following its management buyout (MBO) from IAG.
Clear Insurance buys Steveni Kessler book
Clear Insurance has bought the general insurance business of Edmonton-based Steveni Kessler for an undisclosed sum.
Aviva looking at Co-op purchase
Aviva is considering a bid for the general insurance business of Co-operative Group, according to The Sunday Times.
Das launches law firm following Bristol buy
Das UK Group has launched its own law firm, Das Law.
Bluefin's Sugden to join Sydney Packett
Sydney Packett & Sons has appointed Marshall Sugden as a director.
CCV makes double broker purchase
CCV acquired Morgan Brokers and its subsidiary M Wood Insurance Services, Insurance Age can reveal.
Sugden departs acquisitions role at Bluefin
Marshall Sugden has left the acquisitions leadership role at Bluefin Insurance, sister title Post has revealed.
Willis swoops for PI specialist Prime Professions
Willis has bought professional indemnity (PI) specialist Prime Professions.
BP Marsh rules out Towergate swoop as it targets "anything that moves"
BP Marsh is targeting new investment opportunities to make use of the £29.2m generated from the sale of its 80% stake in Hyperion to General Atlantic.
Hyperion plans to go public as equity firm buys 30% stake
Equity firm General Atlantic has agreed to buy 30% of the shares in Hyperion Insurance Group, as the broking group prepares to float.
La Playa sets out acquisitions role for Mullee
Matthew Mullee, co-founder and formerly private client director at La Playa has been appointed director of growth and acquisition for the broker.
Lark Group sees improved results following Groupama MBO
Lark Group has reported an EBITDA of £5.6m for 2012, up 12% from the £5m reported in 2011.
Canopius Group to sell Bermuda operation for $217m
Canopius Group has agreed a price for the private sale of Canopius Holdings Bermuda Ltd.
Amlin swings back to profit and agrees $50m MGA deal
Amlin returned to the black after posting a pre-tax profit of £264.2m for 2012, a marked improvement on the £193.8m loss recorded for 2011.
Bluefin CEO "bullish" about acquisitions despite 2012 blank
Bluefin Insurance CEO Stuart Reid has insisted he is "bullish" about the broker's 2013 acquisition prospects despite drawing a blank last year.
Open GI buys PowerPlace
Open GI has confirmed the purchase of PowerPlace from parent company Towergate for an undisclosed sum.
Bluefin shrugs off Wentworth storm to post rising profit and EBITDA
Bluefin Insurance shrugged off the reported loss of business to broker Wentworth Alexander to record post-tax profit and EBITDA rises for 2012.
Brit reports improved profit and COR
Brit Insurance has reported an operating profit of £113.6m for 2012, up from £68.4m in 2011, in the first full-year results since it divested its UK business.
Chase Templeton adds £5m premium income with broker buy
Private medical insurance specialist intermediary Chase Templeton has purchased Hampshire-based broker UK Independent.
1 Answer Network buys BrokerDrive
1 Answer Network has boosted its "strength in numbers" after buying online broker network BrokerDrive.