Insurance Mergers & Moves: Friday, October 26, 2012

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October 26, 2012 Business Moves & Mergers of Special Note Demand For Transactional Risk Insurance Jumps by 35%: Marsh Oct 22, 2012 -- Businesses globally are increasingly turning to the insurance market for transactional risk protection in a bid to shield their revenue and ... Hong Kong's Li Returns to Insurance with $2.1 Billion ING Deal Oct 19, 2012 -- Hong Kong businessman Richard Li, the younger son of Asia's richest man, is buying ING's Hong Kong, Macau and Thailand insurance units for ... Ally Financial to Sell Mexican Insurance Business to ACE Oct 18, 2012 -- Auto lender Ally Financial, which is 74 percent-owned by the U.S. government, will sell its Mexican insurance business to insurance and ... OneBeacon Cuts Ties with Hagerty Agencies, Selling Essentia to Markel Oct 17, 2012 -- OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Markel Corp., according to company announcements this morning. ... Business Moves & Mergers Insurance Software Firm Ebix Partners With E-Signature Provider Silanis Oct 25, 2012 -- Atlanta-based insurance software and e-commerce platform supplier Ebix Inc. is partnering with electronic-signature services provider ... Arthur J. Gallagher Acquires Park Row Associates in Rhode Island Oct 24, 2012 -- Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. has acquired Park Row Associates Inc. in Providence, R.I., ... Penn. Regulators Approve Pending Sale of Clal's U.S. Unit to Berkshire Oct 24, 2012 -- The Pennsylvania Insurance Department this week approved the pending deal by Israel's Clal Insurance Enterprises Holdings to sell its U.S. ... Argentina's Galeno to Handle Mapfre Workers' Comp, Health Business Oct 24, 2012 -- Madrid-based Mapfre is transferring its workers' compensation and health activities in Argentina to the Argentinian company, Galeno. The ... Powter Acquires Jordan in Texas Oct 22, 2012 -- Powter Insurance Inc. has acquired Jordan and Jordan Insurance Group, of Frisco, Texas. Jordan and Jordan Inc., which will continue to ... Cooper Gay Swett & Crawford Agrees to Private Equity Investment Oct 22, 2012 -- Cooper Gay Swett & Crawford (CGSC), a global wholesale and reinsurance broking group, has agreed terms with Lightyear Capital LLC and ... Liberty International Underwriters Expands U.S. Global Crisis Management Unit Oct 22, 2012 -- Liberty International Underwriters has set up a Dallas-based operation dedicated to handling Global Crisis Management (GCM) business for ... N.Y. Brokerage Frank Crystal & Co. Rebranded as Crystal & Co. Oct 18, 2012 -- New York-based brokerage Frank Crystal & Company is rebranding the firm as Crystal & Company. The family-owned and operated firm was ... Hong Kong's Li Nears $2 Billion Acquisition of ING Units: Reuters Oct 18, 2012 -- Hong Kong businessman Richard Li, younger son of Asia's richest man Li Ka-shing, is nearing a deal to buy ING's Hong Kong and Thailand ... Mapfre Says Turkey Key to Its Expansion; Acquires Motor Repair Firm Oct 18, 2012 -- Turkey holds strategic significance for insurer Mapfre in its plans to expand into East Europe and the Middle East, the chairman of the ... OneBeacon Selling Runoff Business to Bermuda's Armour Group Oct 18, 2012 -- Continuing its repositioning as a specialty insurer, OneBeacon Insurance Group Ltd. is selling its runoff business to an affiliate of ... RBS Deal with Spain's Santander Collapses; New Bidders Emerge Oct 14, 2012 -- Shares of Royal Bank of Scotland are set to open lower on Monday following the shock decision by Spain's Santander to pull out of a deal to ... Arthur J. Gallagher & Co. Acquires Unison Inc. Oct 12, 2012 -- Arthur J. Gallagher & Co. announced the acquisition of employee benefits insurance broker Unison Inc. in Minnetonka, Minn. Terms of the ... Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 22, 2012 Top Commercial Lines Agencies; Law Firm Directory; Commercial Property; Insurance Geek Issue - What's New in Technology? More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail New Insurance Jobs Customer Service Representative Life Insurance Agent Trucking Insurance Producer/Sales Commercial Lines Marketing Rep Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Media Group, Inc.