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.
WTW expands US West Coast presence with CFS acquisition
2nd May 2025
WTW, a global advisory, broking and solutions company, has announced the acquisition of CFS International Inc. (CFS), an US West Coast trade credit insurance company, into Willis. CFS was founded in 1990 and specialises in delivering trade credit insurance solutions to global firms. Facing an ever more intricate and competitive global landscape, ... Read the full article
CRC Group acquires ARC Excess & Surplus, expanding its professional liability coverage
2nd May 2025
CRC Group, a wholesale specialty insurance distributor in North America, has acquired ARC Excess & Surplus, LLC (ARC), one of the country’s largest specialty wholesale insurance distributors, adding significant scale and capabilities to its growing platform. ARC has over $1 billion in annual premium and the acquisition meaningfully strengthens the combined ... Read the full article
Maiden Holdings combination with Kestrel receives shareholder approval
30th April 2025
Maiden Holdings’ shareholders have approved all proposals related to the company’s proposed business combination with Kestrel Group LLC. Previously announced in December 2024, Maiden entered into a Combination Agreement with Kestrel to form a new, publicly listed specialty program group. Under the agreement, Maiden and Kestrel will become wholly owned subsidiaries ... Read the full article
AdvantageGo acquired by Sapiens for £43m
29th April 2025
Sapiens International Corporation, a provider of software solutions for the insurance industry, has signed a definitive agreement to acquire AdvantageGo, a commercial re/insurance software provider, to enhance its global property and casualty (P&C) proposition through a structured cash deal, based on an enterprise value of £43 million. This acquisition aligns with ... Read the full article
Helvetia-Baloise merger likely to strengthen the enlarged group’s competitive position: S&P
24th April 2025
S&P Global Ratings has affirmed its 'A+' long-term insurer financial strength and issuer credit ratings on the core operating entities of the Switzerland-based insurance groups Helvetia and Baloise. The credit rating agency also affirmed the 'A-' long-term issuer credit rating on Baloise Holding AG, as well as Helvetia Global Solutions Ltd’s ... Read the full article
The Ardonagh Group acquires Zurich-based broker SRB
24th April 2025
The Ardonagh Group, a large independent insurance distribution platform, has acquired Zurich-based broker SRB Assekuranz Broker AG (SRB). According to Ardonagh, SRB, which focuses on corporate customers, primarily in the industrial sector, shares a long-standing relationship with and will operate as part of MDS Group, its platform for Latin America and ... Read the full article
Helvetia and Baloise merger to create major Swiss insurance group
23rd April 2025
Swiss composite insurance groups, Helvetia and Baloise have announced their intention to join forces in a merger of equals, proposing the formation of "Helvetia Baloise Holding Ltd". The proposed entity will create the second-largest insurance group in Switzerland, with a combined market share of approximately 20% and a business volume of ... Read the full article
Admiral Group to sell its US motor insurance business to J.C. Flowers
22nd April 2025
UK domiciled insurer Admiral Group plc has agreed to sell its US motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a global private investment firm in the financial services industry. The transaction has been agreed for an undisclosed cash consideration (before customary adjustments ... Read the full article
Ryan Specialty to acquire certain assets of USQRisk
22nd April 2025
Global specialty insurance firm Ryan Specialty has signed a definitive agreement to acquire certain assets of international managing general agent (MGA), USQRisk Holdings, LLC. The terms of the acquisition were not disclosed. The deal is expected to close in the second quarter of 2025. Post completion, USQ will become a part of ... Read the full article
Hadron to expand insurance capabilities in the US with GCNA’s acquisition
22nd April 2025
Hybrid insurer Hadron has announced it is to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, a major milestone for Hadron’s growth, is expected to close in the third quarter, subject to regulatory ... Read the full article
Optio completes acquisition of Norwegian MGA S Insurance
17th April 2025
Having received all necessary regulatory approvals, independent specialty MGA Optio Group has completed the acquisition of Norwegian-based MGA S Insurance AS (S Insurance). This transaction, previously announced in March 2025, is a further strategically significant step for Optio in creating a diversified buy-and-build platform through the acquisition of high-quality, niche ... Read the full article
esure acquisition credit positive for Ageas: Moody’s
16th April 2025
Moody’s Ratings considers Ageas' recent acquisition of esure is credit positive, as it has the potential to enhance the Belgian insurer’s business and geographic diversification, while increasing its share of earnings from fully controlled operations. On 14 April, Ageas announced that it has reached an agreement with Bain Capital to ... Read the full article
Compre acquires Covéa’s US subsidiary CSE Group
16th April 2025
Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has announced the completion of its acquisition of the CSE Group, a US subsidiary of Covéa. The CSE Group includes two California-domiciled personal lines insurance carriers that ceased underwriting new business in 2024. This marks the second transaction between Covéa and Compre, ... Read the full article
NSM completes sale of US commercial insurance division to New Mountain
15th April 2025
NSM Insurance Group, a global specialty insurance provider, has completed the previously announced sale of its US commercial insurance division to New Mountain Capital, a growth-oriented investment firm. The definitive agreement for the sale was first announced in February 2025. The transaction includes NSM’s diverse portfolio of 15 niche insurance programs ... Read the full article
Novatae acquires Ajax Specialty Insurance
14th April 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has acquired the assets of Atalanta-domiciled Ajax Specialty Insurance. The terms of the transaction were not disclosed. Founded in 2012 by current Chief Executive Officer (CEO), Andy Bierbaum, Ajax is a specialised wholesaler focused on the management and professional ... Read the full article





