M&A – Page 117
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News
Broker Network close to £10m buy-out of rival Westinsure
Consolidation of network arena gathers pace with acquisition of Plymouth-based Westinsure due to conclude this month.
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News
QBE builds pressure as it seeks to take over IAG
Australian insurer extends offer as IAG issues second profit warning this year.
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Online onlyYear of the network
Westinsure's sale to Broker Network could be the start of increased network activity
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Towergate confirms Scottish acquisition
Consolidator adds £9m GWP while building financial services presence
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Online onlyBroker Network to swoop for Westinsure
Due diligence underway, deal set to conclude within weeks
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C-Zoneweblog
As you would expect, major deals were big news last week. The Royal Bank of Scotland’s decision to raise the for sale sign above its colossal insurance arm dominated the financial media across all platforms.insurancetimes.co.uk’s initial alert, following the bank’s announcement that it intended to tap its shareholder base for ...
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News
IAG chief under pressure to sell to QBE after profit dip
Second profit warning piles pressure on IAG chief executive.
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Private equity linked with bid for RBSI
Report says that a consortium of PE houses including KKR has been formed to buy insurance division
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Liberty Mutual to make $6.2bn acquisition
Group to become fifth largest US property and casualty insurer with acquisition of Safeco
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News
Ex-Perkins Slade director to head new Welsh broker
Biba launch for £24m merged group Antur Insurance Services headed by Stuart Love.
