Prosperity Life Group Acquires National Western Life Group in a $1.9 Billion Cash Merger

JAB Insurance Acquires Prosperity Life Group from Elliott Investment Management

September 5, 2025

Insurance

JAB Insurance has completed its acquisition of Prosperity Life Group from Elliott Investment Management. Prosperity — which serves roughly one million policyholders and manages nearly $30 billion in assets — will become a foundational part of JAB Insurance as the buyer seeks to build a global life insurance platform and expand its capabilities.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

The Canada Life Assurance Company Acquires Value Partners Group Inc.

June 13, 2023

Financial Services

The Canada Life Assurance Company, a subsidiary of Great-West Lifeco, has agreed to acquire Value Partners Group Inc., a Winnipeg-based wealth planning and investment firm. The deal will integrate Value Partners’ investment counsel, investment management and financial planning capabilities into Canada Life’s advisor-focused wealth platform to expand capabilities for independent advisors; the transaction is expected to close by end of 2023 subject to regulatory approvals.

Hub International Acquires Western Assurance Corp.

March 4, 2022

Insurance

Hub International Limited acquired the assets of Western Assurance Corp., an independent insurance agency based in Albuquerque, New Mexico. The acquisition expands Hub's commercial and personal insurance capabilities (including employee benefits) and strengthens its Specialty practices by adding Western Assurance's experience serving non-profit, construction and transportation clients; the Western Assurance team will join Hub Southwest. Terms were not disclosed; Western Assurance was represented by Mystic Capital.

Atria Wealth Solutions Acquires Western International Securities

May 20, 2020

Financial Services

Atria Wealth Solutions completed the acquisition of Western International Securities (WIS), adding WIS's more than 400 independent financial advisors and roughly $11 billion of assets under administration to Atria's platform. The deal expands Atria's advisor affiliation models (including a turnkey branch solution) and increases its scale to serve nearly 2,500 advisors with about $75 billion of AUA across five broker-dealers.

Prosperity Bancshares To Acquire American Bank Holding Corporation (American Bank)

January 1, 2026

Financial Services

Prosperity Bancshares, Inc. agreed to acquire American Bank Holding Corporation and American Bank, N.A. in an all-stock transaction valued at approximately $321.5 million. The merger was initially expected to close in late 2025 or early 2026, and it was ultimately completed effective January 1, 2026.