Hub International Limited (Hub), a leading full-service global insurance broker, announced the rollout of a robust digital platform for transactional insurance. HUB’s new transactional lines offering will connect clients to insurance expertise and a comprehensive set of insurance products through a personalized and proactive approach that anticipates their needs through a consistent and elevated digital… Continue reading Hub International to Transform Its National Transactional Insurance Strategy
Tag: M&As
2020 Transactional Risk Insurance Purchasing Reaches Record High in U.S. and Canada Despite Pandemic Challenges: Marsh
After a dramatic downturn in the second quarter of 2020 due to the Coronavirus pandemic, merger and acquisition (M&A) deal volume soared to record highs in the second half of the year. This was mirrored in growth of transactional risk insurance purchases according to data published today by Marsh, the world’s leading insurance broker and… Continue reading 2020 Transactional Risk Insurance Purchasing Reaches Record High in U.S. and Canada Despite Pandemic Challenges: Marsh
Worldwide Facilities Expands Corporate Development Resources
Worldwide Facilities, a national wholesale insurance broker, managing general agent and program underwriter, announced today that Brad Perilman has joined the company as Senior Executive Vice President, Mergers & Acquisitions. As part of the executive management team, Perilman will lead Worldwide Facilities’ M&A activities. His responsibilities will include transaction sourcing, strategic and financial analysis, diligence… Continue reading Worldwide Facilities Expands Corporate Development Resources
Aon Research Details Volume of Representations and Warranties Insurance Claims
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has released the “Representations and Warranties Insurance Claim Study: An analysis of claim trends, data, and recoveries” analyzing data it has collected with respect to nearly 2,500 representations and warranties (R&W) insurance policies placed by Aon in… Continue reading Aon Research Details Volume of Representations and Warranties Insurance Claims
COVID-19 to Boost Demand for W&I Coverage in M&As: Lockton
Analysts at re/insurance broker Lockton believe that Warranty & Indemnity (W&I) insurance is likely to become more sought after in the coming months as a result of the COVID-19 pandemic. The firm noted that take up of W&I insurance in mergers and acquisitions (M&A) deals has already increased from 6% to 40% over the past… Continue reading COVID-19 to Boost Demand for W&I Coverage in M&As: Lockton
Lessons from the 2008 Crash Urge Long-Term View to M&A Deals in Response to Coronavirus
The performance of the global M&A market has been in steady decline since a 2015 peak, with buyers now having failed to add value for 10 consecutive quarters, according to the latest data from Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM), run in partnership with Cass Business School. Based on share price performance, acquirers… Continue reading Lessons from the 2008 Crash Urge Long-Term View to M&A Deals in Response to Coronavirus
Morgan Stanley to Buy E-Trade for $13 Billion
Morgan Stanley is buying E*Trade Financial Corp., a $13 billion deal that will reshape the storied investment bank and firmly stake its future on managing money for regular people. The all-stock takeover, announced Thursday, will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the… Continue reading Morgan Stanley to Buy E-Trade for $13 Billion
Global Insurance M&A at A Four-Year High
The volume of mergers and acquisitions (M&A) in the insurance sector increased 10% in 2019 with 419 deals completed worldwide, up from 382 in 2018. Activity was driven by an exceptionally strong first half of the year, led by a spike in deals in Europe that had been put on hold during Brexit preparations. Although… Continue reading Global Insurance M&A at A Four-Year High
Global M&A Slowdown to Continue in 2020
The global M&A market, with performance in steady decline since its peak in 2015, is forecast to struggle adding value in 2020; this is based on long-term data compiled by Willis Towers Watson and Cass Business School. Acquirers worldwide underperformed the Global Index by -5.0 percentage points (pp) over the past year for deals valued… Continue reading Global M&A Slowdown to Continue in 2020
No Sign of Recovery as Global M&A Market Endures Second Worst Performance on Record
The global M&A market recorded its second–worst performance since the 2008 launch of Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM), run in partnership with Cass Business School. Based on share price performance, acquirers have failed to add value for eight consecutive quarters, underperforming the Global Index1 by –6.4 percentage points (pp) in the last… Continue reading No Sign of Recovery as Global M&A Market Endures Second Worst Performance on Record