Fitch: P&C Acquisitions Accelerated at End of Year, May Continue in 2015

Acquisition activity in the property and casualty market increased toward the end of 2014, signaling the possibility of even more deals in the new year, according to Fitch Ratings. The rating house pointed to the Chinese investment group Fosun International's planned acquisition of Meadowbrook Insurance Group, a $433 million deal, in a Monday article. Fitch also noted Renaissance Re Holdings' purchase of Platinum Underwriters Holdings in November, as well as other deals in the homeowner's, personal lines and crop insurance sectors. "Limited organic growth and profit potentia...