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.

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

Ardonagh acquires majority stake in Hong Kong’s Apex Insurance

3rd July 2025

The Ardonagh Group has acquired a majority stake in Apex Insurance (Holdings) Limited in Hong Kong. The move strengthens Ardonagh’s footprint in the region, as it will operate Apex alongside PSC’s Hong Kong operations, PSC HK Insurance Group (PSC HK). The acquisition also aims to deepen Ardonagh’s in-market expertise through Apex’s ... Read the full article

Bishop Street enters personal aviation insurance market with AIM’s acquisition

3rd July 2025

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial, in an undisclosed transaction. This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded portfolio of specialized client ... Read the full article

BMS expands in Australia with acquisition of Corporate and Commercial Insurance Brokers

1st July 2025

The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global presence with the acquisition of Queensland-based Corporate and Commercial Insurance Brokers. Founded in 2006, Corporate and Commercial Insurance Brokers is a property broker providing risk management advice and insurance broking services to large, privately owned organisations. According to the ... Read the full article

Munich Re’s ERGO completes full acquisition of NEXT Insurance

1st July 2025

Munich Re Group has finalised the acquisition of NEXT Insurance, integrating it into the management structure of ERGO Group AG, its major primary insurance business. The transaction, announced earlier in the year, was completed with the companies successfully meeting all conditions, obtaining the necessary regulatory approvals, as scheduled. This acquisition marks ERGO’s ... Read the full article

Ardonagh completes $2.5bn equity investment led by Stone Point Capital

30th June 2025

The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group at $14 billion. This landmark transaction sees Stone Point become a significant shareholder in ... Read the full article

M&A insurance payouts hit record highs in 2024, driven by R&W claims: Aon

27th June 2025

Mergers & Acquisitions (M&A) insurance claims payouts have surged in recent years, with 2024 marking the highest year on record for M&A insurance payouts, according to a recent Aon study. The research highlights a significant increase in claims activity related to Representations and Warranties (R&W) insurance, also known as Warranty and ... Read the full article

Munich Re’s ERGO expands Nordic presence with the merger of travel and health insurance units

24th June 2025

Munich Re's ERGO Group AG has completed the merger of its Danish travel insurance company, Europæiske Rejseforsikring A/S and its Norwegian health insurance business, ERGO Forsikring AS, formerly known as Storebrand Helseforsikring AS, expanding its presence further in the Nordic market, creating significant growth potential. Following the merger, ERGO is combining ... Read the full article

Apollo’s Athora in talks to acquire PIC, reports Sky News

20th June 2025

Athora, a savings & retirement services firm in Europe established by Apollo Global Management, is in talks to acquire Pension Insurance Corporation (PIC), according to Sky News. While spokespeople for Apollo and PIC reportedly declined to comment, Sky News noted that the £4–£5 billion deal, if completed, would represent a landmark ... Read the full article

Marco Capital acquires R&Q Gamma, marking third transaction with parent

20th June 2025

European P&C insurance run-off group Marco Capital has acquired R&Q Gamma Company Limited, subject to regulatory approval. Marco Capital explained that R&Q Gamma, formerly The Royal London General Insurance Company Ltd, was established in 1983 and put into run-off in 1999. It was purchased by R&Q Insurance Holdings Ltd in 2016 to ... Read the full article

Walaa Cooperative Insurance acquires majority stake in DIFC-based fac reinsurance MGA Aspire

20th June 2025

Last month, Walaa Cooperative Insurance Company, a listed Saudi insurer, completed its acquisition of an 88% stake in Aspire Underwriting Agency Ltd. (AUAL), a Managing General Agent (MGA) based in the Dubai International Financial Centre (DIFC). The transaction was approved by both the Dubai Financial Services Authority and the Saudi Insurance ... Read the full article

Howden acquires Chilean retail insurance broker U&F

18th June 2025

Howden, the global insurance and reinsurance broking group, has acquired a Santiago-headquartered independent retail insurance broker, Ureta & Fernandez Corredores de Seguros Limitada (U&F). U&F was founded in 2010 by Felipe Ureta, the current Chief Executive Officer (CEO), with Matias Fernandez joining shortly after. The broker specialises in P&C, motor, civil liability, ... Read the full article

Ryan Specialty acquires J.M. Wilson

13th June 2025

Ryan Specialty, an international specialty insurance firm, has signed a definitive agreement to acquire the business of J.M. Wilson Corporation, a Michigan-domiciled business offering products from personal lines to surety, and transportation expertise. J.M. Wilson and its operations will become a part of RT Binding Authority, the binding authority specialty of ... Read the full article

Brown & Brown to acquire Risk Strategies & One80 parent, Accession

10th June 2025

Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, an insurance ... Read the full article

Howden expands reinsurance footprint with acquisition of Peruvian broker Innova Re

9th June 2025

Howden, the global insurance and reinsurance broking group, has strengthened its position in the Peruvian market with the acquisition of Innova Re, a Lima headquartered independent reinsurance broker. The acquisition provides Howden Re, the group's reinsurance arm, with a new presence in Peru, and aligns with its strategic vision of international ... Read the full article