Friday, April 26, 2013

Insurance Mergers & Moves: Friday, April 26, 2013

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Insurance Mergers & Moves
April 26, 2013
Business Moves & Mergers

AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million

Apr 26, 2013 -- France's AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to acquire ...

Brazil's BB Seguridade, Smiles SA Conclude IPO's - Boosts Insurance

Apr 26, 2013 -- Brazil's BB Seguridade Participações SA sealed the world's biggest initial public offering in seven months at a time when confidence in ...

AssuredPartners Acquires Buckley & Company in Kentucky

Apr 25, 2013 -- AssuredPartners Inc., through its Neace Lukens subsidiary, recently acquired Lexington, Ky.-based Buckley & Company insurance agency. The ...

Hilb Group Buys Virginia-Based Brokerage Engle, Paxson & Hawthorne

Apr 24, 2013 -- The Hilb Group announced last week the acquisition of Engle, Paxson & Hawthorne Insurance Services (EPH) of Leesburg, Va. The transaction ...

McGowan Acquires Ohio's Governmental Underwriters of America

Apr 24, 2013 -- The McGowan Companies (McGowan), based in Fairview Park, Ohio, has purchased the assets of Governmental Underwriters of America Inc. (GUA). ...

K2 Insurance Services Buys Aegis Security in Pennsylvania

Apr 22, 2013 -- San Diego, Calif.-based K2 Insurance Services has acquired Aegis Security Inc. in Harrisburg, Penn. Terms of the acquisition were not ...

Brit Global Specialty Acquiring Maiden Holdings' E&S Renewals, Underwriting

Apr 22, 2013 -- Bermuda-based Brit Insurance and Maiden Holdings, Ltd. have announced a temporary 100 percent quota share reinsurance of Maiden's Excess ...

Farmers to Close 21st Century Insurance Call Center in N.Y.

Apr 19, 2013 -- Los Angeles-based Farmers Insurance Group is continuing its integration effort with 21st Century Insurance, an auto insurance company it ...

Catalina Completes Acquisition of KX Re from Tawa plc

Apr 17, 2013 -- Catalina Holdings (Bermuda) Ltd announced that it has completed its acquisition of KX Reinsurance Company Limited, including its Re's ...

Willis Extends Call Option on Acquisition of All Gras Savoye Shares

Apr 17, 2013 -- Global risk advisor, insurance and reinsurance broker Willis Group Holdings announced that it has extended by one year the exercise date of ...

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