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.

UK P&I Club and TT Club target growth and stability with proposed merger

1st December 2025

The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they are currently engaged in discussions regarding a potential merger. The Clubs have worked closely ... Read the full article

M&A activity could reduce cyber market capacity: Marsh’s Konyar

28th November 2025

Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” for the cyber insurance market, with experts warning that capacity consolidation could eventually reduce market availability. Gamze Konyar, Head of Cyber, Marsh Europe, has highlighted that while the current market remains soft, the long-term implications of re/insurer consolidation ... Read the full article

Tokio Marine to enhance specialty offerings in US agricultural sector with CIH acquisition

26th November 2025

Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners. Based in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price ... Read the full article

HBC Group expands into Nordics with Danish agency DUAN acquisition

25th November 2025

HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a Danish underwriting agency based in Copenhagen, was founded in 2017 and has quickly established itself as ... Read the full article

Proxy firms differ on Tiptree’s sale of Fortegra to DB Insurance

24th November 2025

Proxy advisory firms have split in their assessments of Tiptree Inc.’s proposed sale of its specialty insurer Fortegra to DB Insurance, setting the stage for a contentious shareholder vote at the company’s Special Meeting on December 3rd. The deal, announced in September, would see DB Insurance, South Korea’s second-largest non-life ... Read the full article

Amynta expands FNP’s book of nonprofit clients with NPS acquisition

19th November 2025

Insurance service provider, Amynta Group, has announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Nonprofit Services Insurance Agency, Inc. (NPS). Based in Longview, Washington, NPS has been providing alternative methods for nonprofit employers to meet their unemployment insurance liabilities for over 20 years. It offers comprehensive captive management unemployment ... Read the full article

2026 to be a defining year for reinsurance M&A: DXC Technology’s Mahon

17th November 2025

James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, said that softening rates, abundant capital, and strategic repositioning are setting the stage for 2026 to be a defining year for reinsurance mergers and acquisitions (M&A). In an interview with Reinsurance News, Mahon stated that the industry is bracing for a new surge ... Read the full article

MS&AD to acquire 18% stake in MassMutual’s Barings

17th November 2025

Japanese insurance group MS&AD Insurance Holdings, through its subsidiary, Mitsui Sumitomo Insurance Co., Ltd. (MSI), is set to acquire an 18% equity stake in Barings, a global asset management subsidiary of MassMutual. Barings delivers innovative solutions to clients globally with assets under management of over $470 billion. This investment from MS&AD is ... Read the full article

Davies to acquire Canada’s SCM Insurance Services

11th November 2025

Davies, a specialist professional services and technology firm serving the insurance market, has signed an agreement to acquire SCM Insurance Services (SCM), Canada’s largest claims processing and risk solutions provider. As part of this acquisition, SCM’s three operational entities will be integrated into the Davies global platform, these include ClaimsPro, Canada’s ... Read the full article

FutureProof Technologies to enhance wildfire coverage with Terrafuse AI acquisition

11th November 2025

FutureProof Technologies, a venture-backed insurtech startup, has entered into a definitive agreement to acquire Terrafuse AI, a provider of wildfire risk analytics. The acquisition combines FutureProof’s AI-powered underwriting and pricing platform with Terrafuse’s patented wildfire prediction technology, creating a comprehensive platform to deliver next-generation insurance coverage in wildfire-affected states. Following the devastating ... Read the full article

U.S. Risk and Safehold Special Risk combine to launch new brand IGP Specialty

11th November 2025

U.S. Risk, a specialty lines underwriting manager and wholesale broker, and program administrator, Safehold Special Risk, are combining business operations under a new unified brand, Innovation Growth Partners Specialty, LLC (IGP Specialty). The merger brings together a combined legacy of more than 40 years, with its new brand designed to reflect ... Read the full article

Nirvana and Pulse merge to create specialty MGA platform

7th November 2025

Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a significant specialty MGA platform with enhanced capabilities across five lines of business: Media, Technology & Cyber, Accident ... Read the full article

AM Best places IQUW Re credit ratings under review with positive implications

31st October 2025

AM Best has placed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of IQUW Re Bermuda Limited (IQUW Re) (Bermuda) under review with positive implications. Additionally, the credit rating agency has also placed under review with positive implications the Long-Term Issue Credit Rating ... Read the full article

Ryan Specialty to acquire Canadian MGU Stewart Specialty Risk Underwriting

31st October 2025

International specialty insurance firm, Ryan Specialty, has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU) specialising in underwriting large-account, high-hazard property and casualty solutions. According to the announcement, SSRU will become a part of the Ryan Specialty Underwriting Managers (RSUM) division ... Read the full article

Palomar to acquire The Gray Casualty & Surety Company for $300m

31st October 2025

Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treasury-listed surety carrier specialising in contract bonds for midsized and emerging contractors across ... Read the full article