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Accenture reduces U.S. pension obligations by $1.6 billion

Friday, 23 Jun 2017 06:59am EDT

June 23 (Reuters) - Accenture Plc ::Accenture reduces U.S. pension obligations by $1.6 billion through previously announced plan termination, following asset transfer to AIG and MassMutual.Accenture Plc - plan's termination removed a total of $1.6 billion of pension obligations.Accenture Plc - under agreements, plan transferred pension assets to AGL, MassMutual to settle approximately $1.0 billion of outstanding pension obligations.Accenture Plc - Accenture has created a new, fully funded, defined benefit plan with approximately $200 million of pension obligations.Accenture - plan's termination removed about $600 million through lump-sum payments to about 7,000 active, former U.S. employees.Accenture - plan's termination removed $1.0 billion through purchase of annuities from insurance cos.Accenture - completed termination of U.S. pension plan by entering agreements with American General Life Insurance Co, Massachusetts Mutual Life Insurance Co.

Brown & Brown announces asset acquisition of Spann Insurance Agency

Tuesday, 20 Jun 2017 06:50am EDT

June 20 (Reuters) - Brown & Brown Inc ::Brown & Brown Inc announces the asset acquisition of Spann Insurance Agency.Brown & Brown Inc - Spann Insurance will transition into co's center in Brentwood, Tennessee.

Randall & Quilter writes loss portfolio transfer reinsurance contract​

Monday, 19 Jun 2017 02:00am EDT

June 19 (Reuters) - Randall & Quilter Investment Holdings Ltd :‍Has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by a fortune 500 insurance group​.‍Estimated undiscounted liabilities assumed are c. $46.5m​.‍R&Q worked in conjunction with Guy Carpenter to successfully complete this transaction​.

Hub International acquires assets of Henry M. Murray Agency

Thursday, 8 Jun 2017 08:00am EDT

June 8 (Reuters) - Hub International Ltd ::Hub International acquires the assets of Maryland-based Henry M. Murray Agency Inc..Hub International Ltd - terms of acquisition were not disclosed..

Arthur J Gallagher & Co acquires Total Reward Group; terms undisclosed

Wednesday, 7 Jun 2017 03:00am EDT

June 7 (Reuters) - Arthur J Gallagher & Co ::Arthur J. Gallagher & Co. acquires Total Reward Group.Terms of transaction were not disclosed.

Arthur J. Gallagher & CO buys Armstrong/Robitaille/Riegle

Tuesday, 6 Jun 2017 03:00pm EDT

June 6 (Reuters) - Arthur J Gallagher & Co ::Arthur J. Gallagher & Co acquires Armstrong/Robitaille/Riegle Inc .Terms of transaction were not disclosed.

Allianz says buys office complex for 175 million euros

Tuesday, 6 Jun 2017 08:30am EDT

June 6 (Reuters) - Allianz Se :Says purchases berlin office complex from patron capital and suprema in a forward deal for a value of circa €175 million.

Arthur J Gallagher & Co acquires Zuber Insurance Agency

Tuesday, 30 May 2017 03:00pm EDT

May 30 (Reuters) - Arthur J Gallagher & Co ::Arthur J. Gallagher & Co acquires Zuber Insurance Agency Inc .Terms of transaction were not disclosed ​.

Helvetia Holding says ‍Helvetia Venture Fund is investing in Baimos Technologies GmbH

Tuesday, 30 May 2017 01:00am EDT

May 30 (Reuters) - HELVETIA HOLDING AG ::‍HELVETIA VENTURE FUND IS INVESTING IN MUNICH-BASED BAIMOS TECHNOLOGIES GMBH, WHICH PROVIDES SOFTWARE FOR DIGITAL MANAGEMENT OF ACCESS AND LOCKING SYSTEMS​.

Unipol CEO says never spoke of merging BPER & Unipol Banca - paper

Thursday, 11 May 2017 02:17am EDT

May 11 (Reuters) - Unipol Gruppo Finanziario CEO Carlo Cimbri tells Il Sole 24 Ore in an interview::idea of merging BPER Banca with Unipol Banca has not been discussed.Unipol focusing on bad bank creation for now.reiterates that out of its 9.9 percent holding in BPER, 5 percent is a stable investment and the remainder a financial one.

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