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.
Allianz to acquire HSBC Life Singapore
24th July 2026
Global insurer Allianz Group (Allianz), through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, has agreed to acquire composite insurer HSBC Life Singapore Pte Ltd (HSBC Life Singapore) from HSBC Holdings plc (HSBC Group), subject to regulatory approval. HSBC Life Singapore has a strong presence in the country’s life and ... Read the full article
Mapfre to acquire Safety Insurance Group for $1.54bn to strengthen Northeast position
24th July 2026
Mapfre, an international insurance company, through its subsidiary, Mapfre U.S.A. Corporation (Mapfre USA), has agreed to acquire Safety Insurance Group, Inc. (Safety), a property and casualty insurer with a strong presence in Massachusetts and several Northeastern states, in an all-cash transaction valued at $1.54 billion. This acquisition aligns with global re/insurer ... Read the full article
Sompo advances Brazil growth strategy with agreement to acquire Fator Seguradora
22nd July 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. has formalised an agreement to acquire Fator Seguradora in Brazil, which focuses on corporate insurance and business risk management solutions, with particular strength in Property, Surety, and Financial Lines. The transaction remains subject to customary regulatory approvals. Once completed, Sompo said the ... Read the full article
Howden acquires Irish financial advisory business Thomond Asset Management
16th July 2026
Global insurance and reinsurance broking group Howden expands its footprint in Ireland with the acquisition of Thomond Asset Management, the trading name of Folk Asset Management Limited, a financial advisory business headquartered in Limerick. Founded by Tom Fitzgerald, Neal Kelly and David O’Neill, Thomond Asset Management offers expert advice ... Read the full article
IAG submits remedy offer to ACCC regarding RACI acquisition
13th July 2026
Insurance Australia Group Limited (IAG) has submitted a package of proposed remedies to the Australian Competition and Consumer Commission (ACCC) in a bid to address the regulator’s competition concerns over its proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia. The transaction, announced ... Read the full article
UK P&I Club and TT Club secure 89%+ shareholder backing for Thomas Miller acquisition
13th July 2026
UK P&I Club and TT Club have secured shareholder acceptances exceeding 89% for their joint offer to acquire Thomas Miller Holdings, made on 18 June 2026 through TMH Bidco, a special-purpose vehicle established by the two clubs to facilitate the transaction. To support the transition process, two representatives of TMH Bidco ... Read the full article
Arrow Global acquires specialist MGA Fusion Specialty
9th July 2026
Arrow Global Group (Arrow), a pan-European investment manager specialising in private credit and real estate, has acquired Fusion Specialty Group (Fusion), a specialist managing general agent (MGA), through Arrow Global Insurance (AGI). This acquisition, which is expected to close in the third quarter of 2026, reinforces Arrow’s long-term strategy to grow ... Read the full article
Nirvana to acquire certain assets of Ryan Specialty’s Swedish subsidiary
8th July 2026
Specialty Managing General Agent (MGA) Nirvana has signed a definitive agreement to acquire certain assets of Ryan C&S, whose ultimate parent company is Ryan Specialty, LLC. Ryan C&S is a division of Ryan Specialty Nordics, part of Ryan Specialty Europe GmbH, a subsidiary of Ryan Specialty, LLC. The financial terms of the ... Read the full article
Sompo to acquire workers’ comp insurer Service Insurance Companies
8th July 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has agreed to acquire Service Insurance Companies, a specialist in workers’ compensation insurance, by one of its US subsidiaries in an undisclosed transaction. This acquisition, subject to regulatory approvals and customary closing conditions, creates a compelling opportunity to ... Read the full article
Duck Creek acquires Send Technology to strengthen AI-driven underwriting capabilities
7th July 2026
Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has acquired Send Technology Solutions Ltd, an AI-native underwriting orchestration engine. The acquisition creates the industry’s first agentic solution to unite core insurance operations and intelligent underwriting workflows across the policy lifecycle for multiple operating ... Read the full article
ANV Group acquires Iris Insurance Brokers
7th July 2026
ANV Group Holdings Ltd., a global insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd., a London-headquartered specialty insurance distribution platform. Launched in 2000, Iris operates through three core segments: a Lloyd's wholesale brokerage, Blink Intermediary Solutions, and Vivid Underwriters. The integration of these segments gives ANV expanded retail ... Read the full article
UK financial services M&A deal value up eightfold in H1’26 to £33.7bn: EY
7th July 2026
A new analysis of the United Kingdom (UK) financial services sector conducted by EY Financial Services reveals that in the first half of 2026, M&A transactions rose significantly, with a 25% year-on-year increase in announced or completed deals, marking an eightfold increase in deal value. In H1’26, total disclosed value for ... Read the full article
QBE acquires 100% ownership of Indian carrier Raheja QBE
2nd July 2026
International insurer and reinsurer, QBE Insurance Group Limited, has now fully acquired Raheja QBE General Insurance Company Limited (Raheja QBE) following 18 years of joint ownership with Prism Johnson Limited. The Insurance Regulatory and Development Authority of India (IRDAI) has granted 100% ownership to QBE, marking a significant milestone in the ... Read the full article
ANV to acquire specialist pan-European travel protection MGA
1st July 2026
Global insurance intermediary platform ANV Group has entered into a definitive agreement to acquire Assured Underwriting Group Limited (AUG), a specialist MGA providing insurance-backed financial protection products to tour operators and the travel sector across the United Kingdom and Europe, from private equity firm Mobeus. Founded in 1983 and headquartered in ... Read the full article
Permira and Warburg Pincus-led investor group complete Clearwater acquisition
26th June 2026
The acquisition of Clearwater Analytics (CWAN) by an investor group led by Permira and Warburg Pincus has been completed in a transaction valued at approximately $8.4 billion. Clearwater stockholders were paid $24.55 per share in cash as part of the agreement. This price reflects a premium of approximately 47% compared to ... Read the full article
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