Reinsurance News
M&A news
Reinsurance M&A news, or reinsurance mergers and acquisitions news, covering details of M&A transactions in the works and completed, between insurance, reinsurance and related companies.
Oaktree and Lane42-backed Avocet Partners launches, to acquire EMC Life
12th December 2025
Avocet Partners, a new insurance-focused investment and operating platform, has launched backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management, L.P. and Lane42 Investment Partners, LLC. Led by an experienced founding team of operators with a proven track record of building, scaling, and managing insurance ... Read the full article
ACCC opposes IAG’s acquisition of RAC WA’s insurance arm
11th December 2025
The Australian Competition and Consumer Commission (ACCC) has announced its opposition to Insurance Australia Group Limited’s (IAG) proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia Inc, citing concerns that the deal would likely lead to a substantial reduction in competition in the ... Read the full article
Radian receives all regulatory approvals required for Inigo acquisition
11th December 2025
Radian Group Inc., a US-based company primarily known for mortgage insurance, has received all regulatory approvals required for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London. The transaction is expected to close in February 2026, subject to the satisfaction of customary closing conditions. This deal ... Read the full article
Acrisure to acquire underwriting MGA Vave from Canopius
10th December 2025
Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re/insurer Canopius Group. Vave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on U.S. catastrophe-exposed E&S property risks, with real-time binding and servicing via API, will continue operating under its own brand. Its ... Read the full article
WTW expands US middle market reach with up to $1.3bn Newfront acquisition
10th December 2025
Global insurance and reinsurance broking group WTW has agreed to acquire San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting to $1.3 billion. With this acquisition, WTW will expand its US middle market reach and presence within high-growth ... Read the full article
White Mountains completes sale of insurance distribution platform Bamboo
9th December 2025
White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners. The transaction, originally announced in October, assigns Bamboo a valuation of $1.75 billion. At the time, White Mountains said it would continue to ... Read the full article
Ageas acquires remaining stake in AG Insurance from BNP Paribas Fortis
8th December 2025
International insurance group Ageas has acquired the remaining 25% stake in its Belgian subsidiary, AG Insurance, from BNP Paribas Fortis for a total consideration of €1.9 billion. With this transaction, which is expected to close in Q2’26, Ageas will become the sole owner of AG, a Belgian insurer operating across multiple ... Read the full article
Mitsui Sumitomo Insurance acquires at least 12.5% of W. R. Berkley shares
5th December 2025
Mitsui Sumitomo Insurance Co., Ltd. (MSI), a Japanese property and casualty (P&C) insurance carrier, has acquired beneficial ownership of at least 12.5% of W. R. Berkley Corporation’s common stock. This move follows MSI's agreements with the Berkley Family, which includes a company and trusts owned by Berkley family members. None of ... Read the full article
Marco Capital acquires Stewart Title Europe
4th December 2025
Marco Capital Holdings Limited, a European property and casualty (P&C) insurance run-off group, has acquired Stewart Title Europe Limited, which has been in run-off since the start of 2025. Marco Capital provides reinsurance and finality solutions to re/insurance carriers and corporates to optimise balance sheet efficiency, operational management, and to achieve ... Read the full article
Skyward Specialty secures regulatory approval to acquire Apollo
4th December 2025
Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders' approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited. As announced in September 2025, the transaction is expected to close early in the first quarter of 2026, subject to final ... Read the full article
Ryan Specialty completes acquisition of Canadian MGU SSRU
4th December 2025
Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazard property and casualty solutions, will now operate within the Ryan Specialty Underwriting Managers (RSUM) division. The transaction, originally announced on October ... Read the full article
Bridgehaven completes acquisition of SureStone
3rd December 2025
UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the hybrid insurer anticipating it will be key to strengthening its expanding network of MGA partners throughout ... Read the full article
The Baldwin Group and CAC to merge for $1.03bn
3rd December 2025
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total upfront consideration of $1.026 billion. The transaction, which is expected to close in the ... Read the full article
Gallagher Re to acquire South African reinsurance broker Resilea
1st December 2025
Gallagher Re, the reinsurance arm of the global broking group, has agreed to acquire the largest independent reinsurance broker in South Africa, Resilea (Pty) Ltd. The reinsurance broker expects the Resilea team to bring a greater level of scale and strength to itself and its clients. Iain Macindoe, previously Chief Executive Officer ... Read the full article
Private equity investors end acquisition talks with AUB
1st December 2025
Private equity investors EQT and CVC (together, the Consortium) have notified AUB Group that they will not proceed with a binding A$45-per-share scheme proposal to acquire 100% of the business, and both sides have therefore agreed to end discussions. The update follows EQT’s disclosure on 9 November 2025 that it had ... Read the full article
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