Friday 22 November 2013

Insurance Mergers & Moves: Friday, November 22, 2013

Insurance Mergers & Moves
November 22, 2013
Business Moves & Mergers of Special Note

Leavitt Group Purchases Golf Insurance Services in California

Nov 14, 2013 -- The Northern California office of the Leavitt Group has purchased Golf Insurance Services from George Peterson Insurance Agency. Golf ...

Liberty Mutual to Enter Mexico with Acquisition of Surety Company

Nov 13, 2013 -- Liberty Mutual Insurance said it will acquire Mexican surety company Primero Fianzas from Grupo Valores Operativos Monterrey, a private ...
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Business Moves & Mergers

Three Leavitt Group Agencies in Southern California Merge

Nov 21, 2013 -- The Leavitt Group announced a merger of three of their Southern California agencies. The merger will include the Covina office of Valley ...

USI Insurance Relocates Corporate Headquarters to Valhalla, N.Y.

Nov 21, 2013 -- USI Insurance Services recently moved its corporate headquarters from Briarcliff Manor, N.Y. to nearby Valhalla, N.Y. USI said its ...

UPDATE: Swiss Re Buying Zurich's Stake in New China Life for $493 Million

Nov 21, 2013 -- Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent stake in New China ...

Zurich Insurance Seeks $943 Million for Stake in New China Life

Nov 20, 2013 -- Zurich Insurance Group AG is selling its entire stake in New China Life Insurance Co. for $943 million, or HK$25 a share, according to the ...

Horner Insurance Services and South & Western Join Forces

Nov 19, 2013 -- Dallas, Texas-based South & Western General Agency Inc. has merged with Horner Insurance Services Inc. of Memphis, Tenn. As an MGA ...

Swiss Re to Buy Stake in Brazil's Sul America

Nov 18, 2013 -- Swiss Re Ltd., the world's second- largest reinsurer, agreed to buy an 11 percent stake in Sul America SA from ING Groep NV to expand in ...

The Carlyle Group to Invest in EPIC in California

Nov 15, 2013 -- Edgewood Partners Insurance Center announced that funds managed by global alternative asset manager The Carlyle Group have agreed to ...

Fairholme Offers to Buy Fannie Mae, Freddie Mac Mortgage Insurance Business

Nov 14, 2013 -- Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks to resolve the ...

AssuredPartners of Missouri Acquires AHM Financial Group

Nov 12, 2013 -- AssuredPartners of Missouri, an AssuredPartners Inc. platform operation, has completed the asset acquisition of the AHM Financial Group LLC ...

Sleeper Sewell Insurance Services Acquires Planned Benefits

Nov 12, 2013 -- Sleeper Sewell Insurance Services Inc., a division of ANBTX Insurance Services, has acquired Planned Benefit Services Inc., a Dallas-based ...

The Wright Group Acquires Assets from AFS in Colorado

Nov 11, 2013 -- Denver, Colo.-based The Wright Group Services announced it has purchased substantially all the annuity sales assets from Affiliated ...

AssuredPartners Acquires Lee F. Murphy in Minnesota

Nov 11, 2013 -- AssuredPartners Inc. through its subsidiary AssuredPartners of Minnesota has acquired the Lee F. Murphy Inc. insurance firm based in St. ...

AXA Buys Stake in Insurance Business of Colombia's Colpatria

Nov 11, 2013 -- Axa SA agreed to buy a controlling stake in Colombian insurer Colpatria Seguros for €259 million ($346 million) to expand its Latin ...

Arthur J. Gallagher Acquires Texas-Based Employee Benefits Analysis Corp.

Nov 11, 2013 -- Arthur J. Gallagher & Co. announced the acquisition of Employee Benefits Analysis Corp. in Addison, Texas. Terms of the transaction ...

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