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The company is expected to be valued at well over $20 billion.
AssuredPartners acquires and invests in P&C and other insurance-brokerage businesses across the U.S. and in London.
Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash, the biggest-ever European acquisition of a U.S. insurer, sending its shares plunging.
Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash, the biggest-ever European acquisition of a U.S. insurer, sending its shares plunging.
Wells Fargo & Co. is weighing a sale of its insurance brokerage business, which could fetch about $2 billion, people familiar with the matter said.
American International Group Inc. is weighing a plan to hire Brian Duperreault as the companys seventh chief executive officer since 2005, according to people familiar with the boards deliberations.
The Bermuda-based company recently began working with Credit Suisse Group AG to solicit offers from rival insurers.
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isnt over yet, according to industry dealmakers.
OneBeacon, a specialty insurer controlled by White Mountains, is exploring a sale.
Citigroup is preparing to sell Prime Re, a subsidiary created five years ago to ease the spinoff of life insurer Primerica.
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"/2019/02/21/apax-to-sell-insurance-broker-assuredpartners-to-gtcr-group/", "title": "Apax to sell insurance broker AssuredPartners to GTCR Group", "byline": "Gillian Tan, Kiel Porter and Matthew Monks", "kicker": "News", "prettyDate": "February 21, 2019", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/deal-handshake-fotolia.jpg", "width": "616", "height": "373" }, "authors": [ { "webUrl": "/author/profile/gillian-tan-kiel-porter/", "name": "Gillian Tan, Kiel Porter" }, { "webUrl": "/author/profile/matthew-monks/", "name": "Matthew Monks" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AssuredPartners acquires and invests in P&C and other insurance-brokerage businesses across the U.S. and in London.", "body": null }, { "uri": "/2018/03/05/axa-plunges-after-agreeing-to-buy-xl-group-for-15-3-billion/", "title": "Axa agrees to buy XL Group for $15.3 billion", "byline": "Fabio Benedetti-Valentini, Matthew Monks and Dinesh Nair", "kicker": "News", "prettyDate": "March 05, 2018", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/03/axa-flags-building-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/fabio-benedetti-valentini-matthew-monks/", "name": "Fabio Benedetti-Valentini, Matthew Monks" }, { "webUrl": "/author/profile/dinesh-nair/", "name": "Dinesh Nair" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash, the biggest-ever European acquisition of a U.S. insurer, sending its shares plunging.", "body": null }, { "uri": "/2018/03/05/axa-plunges-after-agreeing-to-buy-xl-group-for-15/", "title": "Axa plunges after agreeing to buy XL Group for $15.3 billion", "byline": " Fabio Benedetti-Valentini, Matthew Monks and Dinesh Nair ", "kicker": "News", "prettyDate": "March 05, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/03/axa-flags-building-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/fabio-benedetti-valentini-matthew-monks/", "name": "Fabio Benedetti-Valentini, Matthew Monks" }, { "webUrl": "/author/profile/dinesh-nair/", "name": "Dinesh Nair" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash, the biggest-ever European acquisition of a U.S. insurer, sending its shares plunging.", "body": null }, { "uri": "/2017/05/09/will-wells-fargo-co-sell-its-insurance-brokerage-b/", "title": "Will Wells Fargo & Co. sell its insurance brokerage business?", "byline": "Matthew Monks", "kicker": "News", "prettyDate": "May 09, 2017", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/matthew-monks/", "name": "Matthew Monks" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Wells Fargo & Co. is weighing a sale of its insurance brokerage business, which could fetch about $2 billion, people familiar with the matter said.", "body": null }, { "uri": "/2017/04/20/is-brian-duperreault-among-aigs-options-for-ceo-ro/", "title": "Is Brian Duperreault among AIG's options for CEO role?", "byline": "Sonali Basak, Matthew Monks, Katherine Chiglinsky", "kicker": "News", "prettyDate": "April 20, 2017", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/sonali-basak-matthew-monks-katherine-chiglinsky/", "name": "Sonali Basak, Matthew Monks, Katherine Chiglinsky" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "American International Group Inc. is weighing a plan to hire Brian Duperreault as the companys seventh chief executive officer since 2005, according to people familiar with the boards deliberations.", "body": null }, { "uri": "/2017/01/18/bermudas-onebeacon-insurance-group-is-said-to-expl/", "title": "Bermuda’s OneBeacon Insurance Group is said to explore sale", "byline": "Matthew Monks", "kicker": "News", "prettyDate": "January 18, 2017", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/matthew-monks/", "name": "Matthew Monks" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The Bermuda-based company recently began working with Credit Suisse Group AG to solicit offers from rival insurers.", "body": null }, { "uri": "/2016/05/03/japan-to-u-s-insurance-ma-wave-not-over-yet-banker/", "title": "Japan-to-U.S. insurance M&A wave not over yet, bankers say", "byline": "Matthew Monks", "kicker": "News", "prettyDate": "May 03, 2016", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/matthew-monks/", "name": "Matthew Monks" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isnt over yet, according to industry dealmakers.", "body": null }, { "uri": "/2015/04/08/onebeacon-said-to-explore-sale-drawing-interest-from-fosun/", "title": "OneBeacon said to explore sale, drawing interest from Fosun", "byline": "Matthew Monks, Bloomberg, Jonathan Browning, Bloomberg", "kicker": "News", "prettyDate": "April 08, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/matthew-monks-bloomberg-jonathan-browning-bloomberg/", "name": "Matthew Monks, Bloomberg, Jonathan Browning, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "OneBeacon, a specialty insurer controlled by White Mountains, is exploring a sale.", "body": null }, { "uri": "/2015/04/02/citigroup-said-to-be-preparing-sale-of-prime-reins/", "title": "Citigroup said to be preparing sale of Prime Reinsurance", "byline": "Matthew Monks, Bloomberg, Dakin Campbell", "kicker": "News", "prettyDate": "April 02, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/matthew-monks-bloomberg-dakin-campbell/", "name": "Matthew Monks, Bloomberg, Dakin Campbell" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Citigroup is preparing to sell Prime Re, a subsidiary created five years ago to ease the spinoff of life insurer Primerica.", "body": null } ] } }
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