Multiline Insurance & Brokers
Willis Group Holdings PLC:Says it has received the relevant regulatory approvals and has completed its acquisition of a range of Irish pension and financial advisory businesses from IFG Group plc.
Fubon Financial Holding Co Ltd subsidiary to acquire real estate in London from Global Property Finance Limited
Fubon Financial Holding Co Ltd:Subsidiary Fubon Life Insurance to acquire London-based real estate (land of 2,707 square meters and building of 14,998 square meters) with amount of 197,181,000 pounds (or T$10,056,231,000) from Global Property Finance Limited.
Jardine Lloyd Thompson Group Plc:Has agreed to acquire Hayward Aviation Ltd from Towergate Insurance Ltd (Towergate).Says acquisition for cash consideration of 27 mln Pound.
Arthur J. Gallagher & Co:Says acquisition of Blue Holdings Pty Ltd based in Brisbane, Queensland, Australia.Terms of the transaction were not disclosed.
Arthur J. Gallagher & Co:Announces acquisition of Instrat Insurance Brokers Pty Ltd (Instrat) located in Clayton North, Victoria, Australia.Says the terms of the transaction were not disclosed.
Crawford & Co:Completes purchase of GAB Robins Holdings UK Limited (GAB Robins), a loss adjusting and claims management provider headquartered in the UK.
Austbrokers Holdings Ltd:Says that through an 80 pct. owned entity, NZ Brokers Holdings Limited (NZBH), has agreed to acquire two entities in New Zealand.Says that a 100 pct. interest in BrokerWeb Management Limited (BWM), a broker cluster manager with 40 members in New Zealand.Says 50 pct. interest in a newly established company, BrokerWeb Risk Services Newco Limited (BRSN) which has acquired the business and assets of BrokerWeb Risk Services Limited (BWRS), an insurance broker with 6 branches throughout New Zealand.Completion is expected to occur later this week.Under the acquisition agreements NZBH will make completion payments of NZ$16.9 million and make further payments in 2016 and 2017 based on the future operating profits of the companies.NZBHs’ completion payments will be funded from pro rata cash equity contributions from its shareholders and a NZ $13 million.
Charles Taylor PLC:Refers to the announcement dated Sept. 22.Says its subsidiary, LCL International Life Assurance Co Ltd, has completed the acquisition of NLP from Nordea Life and Pensions S.A., Luxembourg.
Fubon Financial Holding Co Ltd:Subsidiary Fubon Life Insurance Co., Ltd. to change acquisition amount of real estate in London to 138,800,981 pounds (or T$7,078,850,031).Latest announcement was on Nov. 12.