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.
Swiss Re’s iptiQ signs agreement to sell Australian business to Hannover Re
10th April 2025
Jef Van In, CEO of iptiQ, has announced the signing of an agreement to sell iptiQ's Australian business to Hannover Re, pending regulatory approvals. iptiQ, a digital B2B2C insurance company powered by Swiss Re, is a provider of re/insurance and risk transfer solutions. This agreement marks iptiQ's complete exit from the APAC ... Read the full article
MS&AD to sell Challenger shares to TAL Dai-ichi Life Australia
8th April 2025
Japanese insurance group MS&AD Insurance Holdings, the parent of the Mitsui Sumitomo insurance entities, has agreed to sell all of its shares in Australian financial services company with annuities and fund management businesses, Challenger Limited, to TAL Dai-ichi Life Australia Pty Limited, a wholly-owned Australian subsidiary of Dai-ichi Life Holdings. As ... Read the full article
MNK Group eyes organic growth
7th April 2025
Specialist re/insurance broker MNK Group has announced plans to continue growing its business both organically and through mergers and acquisitions (M&A). The company revealed that several M&A deals involving broking and insurance carriers are in the pipeline and will be announced soon. At its annual industry event at The Sky Garden on ... Read the full article
Verisk acquires Nasdaq subsidiary Simplitium Limited
3rd April 2025
Data analytics and technology provider Verisk has acquired Nasdaq subsidiary Simplitium Limited, which owns and operates Nasdaq Risk Modelling for Catastrophes (NRMC). Verisk described NRMC as a SaaS platform fostering an open ecosystem where specialised model partners share models, hazard data, and analytics to help bridge the global insurance protection gap. Built ... Read the full article
Allstate sells Employer Voluntary Benefits business to The Standard
2nd April 2025
US primary insurer Allstate has closed the previously announced sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard) for $2 billion. It has been confirmed that this transaction, along with the previously announced definitive agreement to sell the Group Health business, is expected to generate ... Read the full article
Zurich invests in M&A specialist Icen Risk
1st April 2025
Global multi-line insurer Zurich Insurance Group has strategically invested in Icen Risk (Icen), a specialist M&A insurer which offers bespoke coverage for Warranty & Indemnity, Tax, IP, and Environmental risks in European mid-market M&A transactions. The transaction, which is subject to regulatory approval and expected to close in Q3 2025, will ... Read the full article
Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance to merge
28th March 2025
MS&AD Insurance Group Holdings, Inc. announced its Board of Directors has decided to move forward with specific discussions and preparations for the merger of its two core domestic non-life insurance subsidiaries, Mitsui Sumitomo Insurance Co., Ltd. and Aioi Nissay Dowa Insurance Co., Ltd. In a statement MS&AD outlined its vision of ... Read the full article
Mitsui Sumitomo Insurance agrees to acquire 15% of W. R. Berkley stock from third parties
28th March 2025
Japanese property and casualty (P&C) insurer Mitsui Sumitomo Insurance Co., Ltd. (MSI) has agreed to acquire 15% of commercial lines P&C insurance holding company, W. R. Berkley Corporation's outstanding common stock via open market purchases or private transactions with third parties. MSI has entered into the agreement with a company owned ... Read the full article
Former WTW and Marsh McLennan leader launches Uplift Strategy Consulting
27th March 2025
Veteran insurance and reinsurance executive Simone Camilla Oliveira has launched Uplift Strategy Consulting, a London-based boutique advisory firm that aims to drive transformations for re/insurers. Uplift Strategy Consulting helps its clients transform complex business transitions, such as M&A due diligence and integration, operational restructuring, and international market expansion, into ... Read the full article
A. J. Gallagher acquires Texas-based Litchfield Special Risks
25th March 2025
Risk Placement Services, Inc. (RPS), the US wholesale brokerage and binding authority and programs division of Arthur J. Gallagher & Co., has acquired Litchfield Special Risks, Inc. (LSR). Terms of the transaction were not disclosed. LSR, a wholesale insurance broker and managing general agency (MGA) based in El Paso, Texas, specialises ... Read the full article
Howden to acquire UK professional services consultancy Barnett Waddingham
25th March 2025
Howden has agreed to acquire Barnett Waddingham, a UK professional services consultancy across risk, pensions, investment and insurance. Over the last five years, Howden has invested £2.4 billion to expand its UK footprint, and this new acquisition is expected to bring high-quality pension and related advisory capabilities to the firm, providing ... Read the full article
FGR announces FG RE Corporate Member Limited sale
24th March 2025
FG Reinsurance Holdings, LLC (FGR), an indirect wholly owned subsidiary of Fundamental Global Inc., has entered into an agreement to sell its entire issued share capital of FG RE Corporate Member Limited. The sale agreement of FG RE, a company incorporated and registered in England and Wales, was executed on March ... Read the full article
Palomar to acquire Advanced AgProtection
21st March 2025
Specialty property insurer Palomar Holdings has entered into a definitive agreement to acquire Advanced AgProtection (AAP), a Texas-domiciled specialised crop managing general agent (MGA), building on the pairs successful collaboration over the last two years. The AAP team is comprised of industry veterans with longstanding relationships and a proven track record ... Read the full article
Munich Re acquires Next Insurance, to become part of ERGO
20th March 2025
Munich Re has signed a definitive agreement to acquire NEXT Insurance, which is to become part of ERGO, Munich Re’s primary insurance arm, marking a significant expansion into the US small and medium-sized businesses (SMB) segment. Over 30 million small businesses, spanning more than 1,000 professions, operate in the US, accounting ... Read the full article
The Doctors Company to acquire ProAssurance for $1.3bn
20th March 2025
US medical malpractice insurer The Doctors Company has announced it has entered into a definitive agreement to acquire specialty insurer ProAssurance Corporation. The all-cash transaction, valued at approximately $1.3 billion, will see ProAssurance stock holders receive $25.00 per share, representing an approximately 60% premium to the closing price per share price ... Read the full article
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