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.

Specialist Risk Group acquires Ecclesia’s Dutch and Belgian operations

4th August 2025

Insurance industry intermediary, Specialist Risk Group (SRG), has completed the previously announced acquisition of German broker Ecclesia’s businesses in the Netherlands and Belgium, marking its formal entry into mainland Europe. The acquired businesses, BS&F, Concordia, Ecclesia BV, Finance & Insurance, IC Verzekeringen NV – CI Assurances SA, Sibbing, and XOLV ... Read the full article

Brown & Brown completes RSC Topco acquisition

4th August 2025

Brown & Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The deal, first announced in June 2025, was finalised for a gross purchase price of $9.825 billion, according to the original ... Read the full article

AXA to acquire Italian MGA Prima

1st August 2025

French insurer AXA has agreed to acquire Milan-headquartered Prima, an Italian direct insurance player acting as a managing general agent (MGA). The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close by the end of 2025. Since its launch in 2015, Prima ... Read the full article

Bridgepoint to acquire majority stake in HBC

31st July 2025

Bridgepoint, a quoted private asset growth investor, has agreed to acquire a majority stake in HBC (Hanseatic Broking Center), an independent SME+ insurance distribution platform in the DACH region, from Preservation Capital Partners. HBC was founded in 2022 by merging three long-standing specialty brokers and a managing general agent (MGA). Since ... Read the full article

Brookfield Wealth Solutions to acquire Just Group in £2.4bn deal

31st July 2025

A wholly owned subsidiary of Brookfield Wealth Solutions (BWS) is set to acquire London life insurer Just Group. Brookfield will reportedly pay 220 pence per share in cash, valuing Just Group’s equity at £2.4 billion ($3.2 billion). Brookfield said it plans to merge Just Group with its UK insurance business, Blumont, with ... Read the full article

Nationwide to acquire renewal rights of Markel’s Global Reinsurance business

31st July 2025

Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has entered into a definitive agreement to acquire the renewal rights of Markel Insurance’s Global Reinsurance business, signalling Markel's exit from the reinsurance market as the firm focuses on growing its core specialty insurance operation. This sale aligns ... Read the full article

Verisk to acquire AccuLynx for $2.35bn

30th July 2025

Verisk, a data analytics and technology provider to the insurance and energy industries, has entered into a definitive agreement to acquire AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing, for $2.35 billion in cash, expected to close by the end of ... Read the full article

Mitsubishi Electric to transfer insurance subsidiary to Marsh Japan

29th July 2025

Mitsubishi Electric Corporation has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. This transaction is expected to be completed on November 4, 2025. The move comes as Mitsubishi Electric continually assesses the significance of ... Read the full article

Third Point increases Redemption Offer for Malibu Life Re acquisition

24th July 2025

Third Point LLC (TPIL ), the New York based alternative asset manager, is moving forward with its proposed acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform, and has announced an update regarding the improved terms for a Redemption Offer for shareholders who wish to exit their ... Read the full article

Warburg Pincus to acquire a majority stake in insurance broker Keystone

17th July 2025

Keystone, an insurance broker and agency network, announced that growth investor Warburg Pincus, will acquire a majority stake in the company. The private transaction’s financial details were not disclosed. According to the announcement, Bain Capital, which launched Keystone in 2020, will retain a minority ownership in Keystone through a new investment ... Read the full article

CRC Group to acquire Atrium from Stone Point Capital

7th July 2025

CRC Group has entered into a definitive agreement to acquire Atrium Underwriting Group, an underwriting business at Lloyd’s that manages Syndicate 609, from investment funds managed by Stone Point Capital LLC and other investors. Atrium, which writes specialty insurance and reinsurance across property, casualty, and specialty business groups, will reportedly retain ... Read the full article

White Mountains to acquire 50% stake in Distinguished Programs

7th July 2025

White Mountains Insurance Group has agreed to acquire a majority stake in Distinguished Programs, an MGA and program administrator for specialty property & casualty insurance, for $230 million. White Mountains, which currently owns approximately 1% of Distinguished's outstanding equity interests, will acquire an additional 50% in a transaction expected to close ... Read the full article

Allstate completes $1.25bn sale of Group Health business to Nationwide

4th July 2025

US primary insurer The Allstate Corporation has completed the previously announced sale of its Group Health business to Nationwide for $1.25 billion, with the transaction closing per the terms of the agreement executed on January 30th, 2025. Nationwide stated that this acquisition will serve as a foundation for its ongoing ... Read the full article

Athora to acquire Pension Insurance Corporation for £5.7bn

3rd July 2025

Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a specialist insurer of UK defined benefit pension schemes, for approximately £5.7 billion. Athora has €76 billion of assets under management and administration, on behalf of ... Read the full article

Zurich expands cyber capabilities with acquisition of BOXX Insurance

3rd July 2025

Global insurer Zurich Insurance Group has  entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set to boost Zurich’s cyber protection capabilities, allowing it to provide retail and SME cyber insurance ... Read the full article