T&H Global Holdings, a provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities, announced that its VRS VeriClaim UK Ltd. subsidiary acquired Ellis May Chartered Loss Adjusters, a provider of high net worth and …
ACE Limited announced that the company and its local partner have acquired a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in 1947 and listed on the …
BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, has agreed to acquire the assets of Lafayette, La.-based Knox Insurance Group LLC. Financial terms of the pending transaction were not disclosed. BancorpSouth officials say in a news release with the …
Lennox Investments LLC, an investment group focused on financial services businesses, announced plans to acquire Southport Re(Cayman) Ltd. (SPRC), a Cayman Island-domiciled property/casualty reinsurance company. Established in 2012, SPRC wrote approximately $32 million in gross premiums in 2013. SPRC focuses …
An overwhelming majority (86 percent) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions (M&As) over the next one to three years, compared to the previous three years, and more than …
CoreLogic, a global property information, analytics and data-enabled services provider, announced the closing of its acquisition of Marshall & Swift/Boeckh (MSB), a provider of residential and commercial property valuation solutions to the property and casualty insurance industry, DataQuick Information Systems …
Atlanta-based independent claims adjusting firm Engle Martin & Associates Inc. has acquired Totura & Co., a regional claims adjusting firm based in Fort Lauderdale, Florida. Terms were not disclosed. John Quinn, president and CEO of Engle Martin said the deal …
Germany’s Allianz SE is to buy part of Italian insurer UnipolSai’s property/casualty insurance business in a deal worth up to 440 million euros ($612 million). Allianz said in a statement late Saturday that the business had premiums last year of …
New Jersey-based York Risk Services Group, a claims administration and risk management services provider, announced it has acquired the assets of American Claims Services Inc. (ACSI) based in Houston, Texas and Destrehan, La. Both John Bannon and Bill Johnson of …
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is nearing an agreement to buy Sedgwick Claims Management Services Inc. from Hellman & Friedman LLC and Stone Point Capital LLC for more than $2 billion, according …