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Nestlé to sell Gerber Life unit for $1.55bn

Nestlé has agreed to sell its wholly owned indirect subsidiary Gerber Life Insurance Company to Western & Southern Financial Group in a cash deal valued …

Marsh & McLennan to buy UK insurer JLT for $5.6bn

US-based professional services firm Marsh & McLennan Companies (MMC) has agreed to acquire UK-based insurance and reinsurance broker Jardine Lloyd Thompson Group (JLT) in a …

Chine Re to acquire Chaucer for $950m

China Reinsurance Group (China Re) has agreed to buy The Hanover Insurance Group’s London-based specialty unit Chaucer for $950m. The decision to offload Chaucer was …

GRP acquires U-Sure Insurance Services

Global Risk Partners Group (GRP) has purchased U-Sure Insurance Services, a Cwmbran-based property insurer. U-Sure, a Lloyds coverholder established in 2005, currently has relationships with …

AssuredPartners buys Roemer Insurance and STIG

Florida-based AssuredPartners has acquired Ohio-based insurance firms Roemer Insurance and Sunforest Transportation Insurance Group (STIG). Financial terms of the deal were not revealed. Set up …

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