Mergers & acquisitions (M&A)
Howden buys Perkins Slade
Deal comes ahead of retirements of Ron Forrest and David Slade.
Broking break: Top five stories of this week
In case you missed them, here are the top stories rocking the broking world this week.
Jelf buys Libra Insurance Services
Broker plans further deals in North London and the Home Counties.
One Broker buys PJ Weller & Son
Acquisition takes group GWP past £30m.
Doodson and NPA owner Integro agrees to sell to Odyssey
Integro has bought numerous UK brokers over the past three years.
County Insurance buys Chester Insurance Services
All staff and co-founders to stay with the firm.
RSA to hold out for 600p offer from Zurich, reports say
Analysts estimate insurer's value at 550p per share.
Zurich would pay cash for RSA
Insurer says if an offer is made it will likely be “solely in cash”.
RSA says no talks held with Zurich
Provider responds to Zurich’s confirmation that it is considering a takeover approach.
Brokers predict RSA "bidding war"
Brokers expect other insurers to enter race to buy RSA.
RSA deal could open up Zurich to more brokers
Brokers divided over how the possible takeover would affect the market.
Zurich RSA takeover hailed “good fit”
Deal not expected to have negative impact on broker market in the UK as Axa, Allianz and AIG named as other potential bidders.
Zurich considering RSA takeover
RSA currently valued at nearly £4.5bn on the stock exchange.
Cigna sells to Anthem in $54.2bn deal
US-based health insurers brought together will have 53 million customers.
Seventeen Group buys Professional Insurance Advisers
Second deal for broker in two months.
Circle Insurance Services eyes two deals
Chairman Tony Norcott says he plans to continue for several years and will hand business to his daughter.
Higos has six deals in pipeline
Move follows funding from Clydesdale Bank and MD says one deal has already completed.
AM Best says M&A activity will continue
Company points to mergers between insurers having an effect on the broker market.
JM Glendinning acquires 70% of shares in AS Green & Co
Tony Green, founder and managing director of AS Green, will stay with firm for at least three years following acquisition.
Market divided on insurer mergers
Recent takeovers have left brokers pondering the impact of these deals on the industry
Former Endsleigh exec Tim Larden buys Ladbrook Insurance
Martin Ladbrook, founder of the Sheffield-based specialty third-sector broker, to retire following deal.
Finch buys two brokers
The firm's acquisition of Paul Jones and Atwoods takes its GWP up to £20m.
Green Insurance plans more deals
Duncan Coleman, managing director, reveals they are hoping for more acquisitions as M B Mulcahy deals takes GWP up to around £22m.
Willis to merge with Towers Watson
The $18bn transaction has been approved by directors from each company.