Corsair to Acquire MJM Holdings & more…Keep up with what has been happening this week in our latest insurance news round-up…

Italy’s Generali spends $108 mln to grow China non-life insurance business

Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108 million).

Ardonagh Advisory boosts private clients capability with addition of Hoxton Risk Services

Ardonagh Advisory has acquired specialist distribution business, Hoxton Risk Services Ltd, in a move which will bolster Ardonagh’s presence in the mid and high net worth market.

Corsair to Acquire MJM Holdings, a Leading European Commercial Insurance Broker

Corsair, a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings, a leading independent commercial insurance broker based in Poland. Terms of the transaction were not disclosed.

Global M&A poised for growth as storm clouds recede

Global mergers and acquisitions (M&A) activity lost steam in the final three months of 2023 with buyers struggling to add value, according to new research on completed deals from WTW’s Quarterly Deal Performance Monitor (QDPM).

RSA takeover set to complete by end of May & more...

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