FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Mergers and acquisitions: key transactions of 2023

By Alain Castonguay | January 02 2024 10:30AM

The consolidation continues across various sectors of the insurance industry.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Sanctions for pre-signed forms levied against former Fredericton rep

Pension funding rises in March

Insurers express increased appetite for private market investments

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Related topics …

Flash

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Wholesalers have growth ambitions

CANADA LIFE

A veteran of the Client Management Software industry returns

Great-West's earnings down by 24 per cent in 2023

Overhead expense insurance to prevent business disruption

Buy-sell insurance: A safeguard in tough times

CO-OPERATORS

Direct simplified issue offerings benefit advisors eventually

Helping investors look beyond the immediate to invest in their futures

Co-operators General’s earnings down 41 per cent in 2023

Consumer sentiment scores show significant improvement

GREAT-WEST LIFECO

Commercial real estate adversely affects insurers’ 2023 financial results

Leadership change for Canada Life's Canadian operations: Jeff Macoun to retire

Canada Life exits residential mortgage market

Insurance CEOs discuss outlook at recent financial summit

HUB

Hub acquires Ontario-based firm

AGA Benefit Solutions has a new majority shareholder

Desjardins expands Quebec distribution through managing general agency

HUB makes acquisition in Ontario

PROMUTUEL

2022 Market shares of property and casualty insurers in Canada

Property and casualty insurance: Financial results of 170 insurers in Canada in 2022

Volatile markets and high claims costs impacted Promutuel's results

Brokers concerned about cyber security

SUN LIFE FINANCIAL

Insurers coordinate to execute annuity buy-out deal for Ford of Canada

Sun Life earnings up 11 per cent in 2023

BMO Insurance considers higher profile going forward

Several new developments in permanent life insurance

BROKERLINK

BrokerLink closes three transactions

BrokerLink makes acquisition in Ontario

BrokerLink announces its last acquisition of 2022

BrokerLink makes three additional acquisitions

NAVACORD

Navacord announces its third acquisition of 2024

Navacord acquires brokerage in Southwestern Ontario

Navacord makes acquisition in Manitoba

Navacord acquires two firms in March

ARTHUR J. GALLAGHER

Natural catastrophe losses globally exceed $43-billion

Cyber the largest structural risk affecting the credit landscape

Aon and Willis Towers Watson merger: Regulator gives conditional green light

Aon’s acquisition of Willis Towers Watson: Merger moves forward

INSURANCE COMPANY OF PRINCE EDWARD ISLAND (ICPEI)

It was appropriate to move forward the purchase of ICPEI, says Valérie Lavoie

Desjardins to fully own ICPEI

Trade credit insurance companies join forces to build capacity

Desjardins to acquire stake in Canadian insurer

AGA

Tips for increasing your firm’s value

Employment Insurance sickness benefit period increasing

Biologics weigh on group plans

AGA Benefit Solutions acquires Vancouver firm

DIALOGUE

Employee health and wellness metrics decline

Most popular articles of 2023 related to health

Most popular investment articles of 2023

Sun Life the best offer on the table according to Dialogue

NFP

NFP acquires wealth management firm

NFP acquires firm in Western Canada

Robert Beauchamp recruited by NFP Canada

Canada-wide broker recruits vice presidents from two competitors

DEFINITY FINANCIAL CORPORATION

Swiss Re increases stake in Definity

Definity's earnings up 215 per cent in 2023

Prospects are favorable for property and casualty insurers

Climatic events weighed on insurers’ results in 2023

Analytic

Casualty rates excluding auto liability decline at the start of 2024

Income inequality gap widens in 2023

Your client’s concerns in 2024

Harnesssing group insurance data: The Power of statistics