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.
SageSure enters agreement to acquire Gemini Financial and subsidiaries
10th September 2025
SageSure has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company. The transaction is expected to close in the first quarter of 2026, subject to the receipt of required regulatory approvals and other customary closing conditions. As part ... Read the full article
Marco Capital acquires captive reinsurer Benteler Re
10th September 2025
European property and casualty (P&C) insurance run-off group Marco Capital has acquired Benteler Reinsurance Company DAC in an undisclosed transaction. Incorporated in January 2003, Benteler Re is a captive reinsurance company wholly owned by the Benteler Group, which was founded in 1876 and is a global Tier 1 supplier in all ... Read the full article
Applied Systems acquires Cytora to solidify position as insurance AI leader
9th September 2025
Applied Systems has acquired Cytora, a digital risk processing platform for the insurance industry. Applied Systems explained that the acquisition will combine Cytora’s AI-driven risk digitisation platform with Applied’s insurance solutions for agencies, carriers, and MGAs, enabling intelligent automation, connectivity, and collaboration across the policy lifecycle. For Cytora, the acquisition will reportedly ... Read the full article
Tysers and Turkish insurance broker Rönesans announce strategic partnership
4th September 2025
Tysers Insurance Brokers, an independent Lloyd’s broker and member of the Australian AUB Group, has entered a strategic partnership with insurance broker Rönesans Reinsurance & Insurance Brokerage, as part of its expansion across Türkiye and across Central Europe. Under the agreement, Tysers will take an equity stake in Rönesans, strengthening their ... Read the full article
Steadfast Group continues expansion US MGA Novum
4th September 2025
Steadfast Group, an Australian insurance broker, has announced the acquisition of a majority stake in Novum Underwriting Partners LLC, an US-based specialty managing general agency (MGA) and wholesale brokerage. Established in Ohio in 2019, the business is underpinned by a proprietary technology platform, Novum Online, to offer a suite of services. This ... Read the full article
Reinsurance increasingly a buyer’s market as focus shifts to growth: Rousseau, Guy Carpenter
3rd September 2025
Laurent Rousseau, CEO of EMEA and Global Capital Solutions at reinsurance broker Guy Carpenter, said recently that the reinsurance industry is "clearly and increasingly in a buyer's market" and stressed that as returns continue to rise, insurers and reinsurers are looking to grow both organically and through M&A. Guy Carpenter, the ... Read the full article
Aon to sell majority of NFP’s wealth business to Madison Dearborn Partners
3rd September 2025
Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP's wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration estimated to be $2.7 billion at the time of close. NFP is a subsidiary of Aon and ... Read the full article
Skyward Specialty to acquire Lloyd’s specialist Apollo
3rd September 2025
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has entered into a definitive agreement to acquire 100% of Lloyd's specialist, Apollo Group Holdings Limited's shares for a total consideration of $555 million from Alchemy, management, employees, and other strategic investors. Employees and strategic investors will receive $184 million ... Read the full article
Gallagher Re to enhance APAC footprint with acquisition of Steadfast Re
2nd September 2025
Global reinsurance broker Gallagher Re has further invested in the Asia Pacific region by agreeing to acquire Sydney, Australia-based reinsurance broking firm Steadfast Re Pty Limited. Terms of the deal, which is expected to close in the final quarter of this year, were not disclosed. The acquisition is a reflection of Gallagher ... Read the full article
AM Best says Aspen acquisition could have “material benefits” for Sompo
2nd September 2025
Credit ratings agency AM Best has placed the Financial Strength Rating (FSR) of Sompo Japan Insurance Inc. and its subsidiaries under review with positive implications, citing potential "material benefits in Sompo group’s business profile following the acquisition of Aspen." It was announced last week that Sompo has agreed to acquire ... Read the full article
Softening reinsurance market could drive M&A opportunities: Fitch
1st September 2025
According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less successful in the hard market. In a recent report, Fitch noted that in 2025, there was no major ... Read the full article
Sompo to enhance global footprint with $3.5bn acquisition of Aspen
27th August 2025
A wholly owned subsidiary of Sompo International Holdings (SIH) has agreed to acquire all outstanding Class A ordinary shares of Aspen Insurance in a $3.5 billion deal. The transaction has reportedly been unanimously approved by both companies' Boards of Directors and is anticipated to close in H1 of 2026. As expected, ... Read the full article
Hadron completes acquisition of GCNA from IFC subsidiary
21st August 2025
Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, which was first announced in April this year, ... Read the full article
Philippine insurers FPG and Mercantile announce merger
20th August 2025
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the Philippines, have announced their plans to merge, forming FPG Mercantile. With a combined GWP of PHP 10 billion, FPG Mercantile is set to become a new non-life insurance powerhouse in the ... Read the full article
Third Point secures 67% shareholder support for Malibu Life Re acquisition
14th August 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform. The vote, which took place at the firm’s extraordinary general meeting (EGM), resulted in 67% of shareholders voting in favour of the ... Read the full article
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