Global alternative asset manager The Carlyle Group has acquired a majority stake in Wholesale Trading Co-Op Insurance Services, a privately-held wholesale insurance broker.
Heritage finally sealed its deal to acquire Hawaiian specialty carrier Zephyr yesterday (21 March) for a final consideration of $120mn that is $14mn higher than initially announced.
Belgian insurer Ageas, which was spun-out from financial services conglomerate Fortis after the group collapsed amid the financial crash, has agreed to pay EUR1.2bn ($1.4bn) to settle crisis-era shareholder suits.
Californian broker Alliant is looking to move a bitter poaching dispute with Aon to a court in its West Coast heartland where restrictive covenants carry less weight.
