Portugal
Ageas UK GWP jumps as Esure deal flows in
Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.
PIB reveals costs of record 26 deals in 2023
PIB spent £331.9m on a record 26 deals in 2023 as the consolidator expanded in the UK and across Europe.
Insurance M&A up in 2023 with brokers driving the change
There were 232 insurance mergers and acquisitions in the UK & Ireland last year, with broking and service providers contributing 203 of the total, according to research by FTI consulting.
With Atlanta sold, what will Ardonagh do with the funds it pockets?
Jonathan Swift looks at Ardonagh’s recent growth, and suspects that a larger percentage of the £820m windfall from the Atlanta sale is going to be spent overseas rather than at home.
Ardonagh expands into Greece
The Ardonagh Group has signed up to buy a majority stake in Athens-based SRS Group of Companies.
Former Taoiseach Enda Kenny poised to join new Ardonagh International board
Ardonagh is planning to bring Enda Kenny, former Taoiseach in the Republic of Ireland from 2011 to 2017, into the company, a spokesperson has confirmed.
Ardonagh to buy MDS Group
The deal furthers the broker’s plan to expand its worldwide reach after revealing fresh investment from the Abu Dhabi Investment Authority earlier this month.
In Person: Jacques Verlingue boss of Adélaïde Group, owner of Finch and ICB
Verlingue explains the history of the family-owned French firm and shares his thoughts on buying during Brexit uncertainty, organic growth, servicing clients and heli-skiing.
Dorset-based broker targets expats with home cover
A Dorset-based broker has teamed up with a Gibraltar counterpart to offer expatriates home insurance for overseas properties.
News Analysis - Ireland bailout: Ireland on the brink as UK exposures rocket
The bond markets continued to punish Ireland as fears of contagion spread in the Eurozone, writes Andrew Tjaardstra.
General strike called in Portugal today, as euro debt fears grow
The majority of medium-haul flights to be cancelled in Portugal tomorrow