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✉news BusinessRetail first seen 6 h ago, last 1 h ago, peak #8

Everest Sells Canadian Retail Business; Gallagher Acquires Albany Insurance

Original: Business Moves: Everest Completes Sale of Canadian Retail Operations to Wawanesa; Arthur J. Gallagher & Co. Buys New Zealand's Albany Insurance Services

Everest has completed the sale of its Canadian retail insurance operations to Wawanesa, while Arthur J. Gallagher & Co. has acquired Albany Insurance Services in New Zealand. Both deals signal continued consolidation in the insurance brokerage and underwriting sector, with major players reshaping their regional footprints across Canada and New Zealand.

Why now: Ongoing consolidation in the global insurance industry is drawing attention to these cross-border acquisitions.

EverestWawanesaArthur J. Gallagher & Co.Albany Insurance ServicesCanada

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