Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
May 20, 2022
 
 
 

Zurich Insurance to Sell Russian Business to Local Team

May 20, 2022 -- Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the...
 

Alera Group Acquires West Michigan Insurance

May 19, 2022 -- Alera Group acquired West Michigan Insurance Inc., a Property & Casualty insurance agency based in Grand Rapids, Michigan, with...
 

Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania

May 19, 2022 -- Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund...
 

Starr Insurance Cos. Acquires Thai Non-Life Insurer

May 18, 2022 -- Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance...
 

India's LIC Shares Slump After Record, but Disappointing, IPO

May 17, 2022 -- Shares in Life Insurance Corp. of India (LIC) slid 6% in their market debut on Tuesday, a fresh setback for the state-owned giant after...
 

USI Acquires Ames-Grenz Insurance Services in California

May 16, 2022 -- USI Insurance Services acquired Sacramento, California-based Ames-Grenz Insurance Services Inc. Ames-Grenz is an employee benefits...
 

Arthur J. Gallagher Acquires Illinois' Hruska Insurancenter

May 16, 2022 -- Arthur J. Gallagher & Co. announced the acquisition of Mokena, Illinois-based Hruska Insurancenter, Inc. Terms of the transaction...
 

India's LIC Prices IPO at Top of Indicated Range: Source

May 13, 2022 -- India's Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949 rupees ($12.28), a...
 

Alabama DOI to Hold Hearing on VR Acquisition of National Security Group

May 13, 2022 -- The Alabama Department of Insurance will hold a hearing in June on VR Insurance Holdings' proposed purchase of the National Security...
 
 
 
 
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