Arch Insurance North America Agrees to Acquire Premier Dealer Holding Corp.
Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp. and its subsidiaries including Premier Dealer Services (PDS). The…
Topic
M&A
Everest Group 10-Q Discloses Agreement to Sell Chile Retail Operations to AIG
Everest Group’s 10-Q discloses a definitive agreement to sell its Chile Commercial Retail Insurance operations to American International Group, Inc., and describes its other…
Markel Subsidiaries Will Retain Claims Control Under Enstar Adverse Development Cover
Markel’s ceding companies retain claims control under an adverse development cover with Enstar’s Cavello Bay Reinsurance, and closing is subject to regulatory approval.
Porch Group Announces Agreement to Acquire Allied Trust
Porch Group and its Reciprocal announce an agreement to acquire Allied Trust’s carrier and managing general agency, subject to regulatory approvals and customary closing…
Horace Mann Completes Employee Services Acquisition From Medical Mutual of Ohio
Horace Mann has completed its acquisition of Employee Services, LLC from Medical Mutual of Ohio, while a separate Reserve National transaction is still pending.
Orion180 IPO Prospectus Details Dual-Class Control, Possible Debt Repayment
The Orion180 IPO prospectus describes two classes of common stock, controlled-company status and a possible repayment of $281.5 million of debt from offering proceeds.
Aon Prices $13.5 Billion in Notes to Fund $17 Billion USI Deal
Aon priced $13.5 billion of senior notes to help fund its $17 billion cash acquisition of USI Insurance Services from KKR, with a redemption…
Bamboo Insurance Prices IPO Range at $18-$20 a Share Ahead of NYSE Debut
Bamboo Insurance Services has set an estimated IPO price range of $18.00-$20.00 per share in an amended Form S-1, covering 35,000,000 shares sold entirely…
Bamboo Insurance Files for NYSE IPO, Testing AI-Driven MGU Model
Bamboo Insurance Services has filed to go public on the NYSE under the ticker BMB, putting a capital-light, AI-driven approach to homeowners underwriting in…
Munich Re to Acquire Cyber Insurtech At-Bay for $575 Million
Munich Re has agreed to acquire U.S. cyber insurtech At-Bay in a deal valued in the hundreds of millions of dollars, expanding the reinsurer's…