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.
Gallagher Bassett expands legal capabilities with acquisition of Caytons
27th January 2025
Gallagher Bassett (GB), a provider of claims and risk management solutions, has strengthened its legal capabilities with the acquisition of Caytons Law LLP (Caytons). This acquisition enhances GB's litigation offerings and complements the existing expertise of its in-house law firm, Strata Solicitors. The combined experience of Caytons and Strata Solicitors brings decades ... Read the full article
SRG to acquire Ecclesia’s assets in Netherlands & Belgium
23rd January 2025
Specialist Risk Group (SRG) is set to acquire Ecclesia Group’s assets in the Netherlands & Belgium in a move that will reportedly see seven businesses and 700 new colleagues across the two countries join SRG. As part of this partnership, Ecclesia Group, Germany’s largest insurance broker for companies and institutions, will ... Read the full article
PIB Group Iberia enters Portuguese market with Vitorinos Group acquisition
20th January 2025
PIB, a specialist insurance intermediary, has expanded its European footprint by entering the Portuguese market through the acquisition of Vitorinos Group PIB Group Iberia. This acquisition, still subject to regulatory approval, is a major step forward for PIB Group Iberia, supporting PIB Group's international growth strategy, the firm stated. Onno Janssen, CEO ... Read the full article
Core Specialty completes London Aviation Underwriters acquisition
20th January 2025
Insurer Core Specialty has announced it has completed the acquisition of London Aviation Underwriters, Inc. (LAU) in an undisclosed transaction. founded in 1980 by Michael E. Charlesworth, LAU handles general aviation risks, airport premises liability, and non-owned aircraft liability throughout the US. This transaction brings the company into Core Specialty's aviation and ... Read the full article
Global M&A activity up 15% in 2024 led by surge in large deals: WTW
14th January 2025
In 2024, the number of global mergers and acquisitions (M&A) deals valued over $100 million increased by 15%, rising from 619 in 2023 to 710, according to WTW’s Quarterly Deal Performance Monitor (QDPM). This growth was mainly driven by a surge in large transactions (worth between $1 billion and $10 billion), ... Read the full article
Moody’s to acquire geospatial AI intelligence provider CAPE Analytics
13th January 2025
Moody’s Corporation has reportedly agreed to acquire CAPE Analytics, a provider of geospatial AI intelligence for residential and commercial properties across the U.S., Canada, and Australia. According to Moody’s, it will combine its Intelligent Risk Platform and catastrophe risk modelling with CAPE's geospatial AI analytics, building a property database that provides ... Read the full article
2024 UK financial services M&A activity hits highest volume in over a decade: EY
13th January 2025
In 2024, M&A activity in the UK financial services sector reached its highest annual volume since 2012, with UK banks, insurers, and asset managers publicly disclosing 380 deals, according to a recent EY report. This marked a 26% increase in deal volume compared to 272 deals in 2023. The total disclosed ... Read the full article
West P&I Club completes acquisition of Nordic Marine Insurance
10th January 2025
West P&I Club, a global insurance provider for the maritime and offshore industries, has fully acquired Nordic Marine Insurance. Nordic provides fixed premium insurance for the marine industry, specialising in Delay Insurance, Primary Loss of Earnings, Hull and Machinery (H&M), Loss of Hire, Maritime Lien solutions, and other specialist products. West P&I ... Read the full article
Ryan Specialty to expand property cat portfolio with $525m Velocity Risk acquisition
7th January 2025
Specialty insurer Ryan Specialty has agreed to acquire Nashville, Tennessee-based managing general underwriter Velocity Risk Underwriters, LLC for $525 million from funds managed by Oaktree Capital Management, L.P., expanding its property catastrophe portfolio. Expected to close early this year, Velocity, a provider of first-party insurance for catastrophe exposed properties, will become ... Read the full article
Guy Carpenter completes acquisition of Athens-based Carpenter Turner
7th January 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has completed its previously announced acquisition of the remaining 51.5% of Carpenter Turner, an Athens-based reinsurance broking and advisory business. Now operating as Guy Carpenter Greece, the business will reportedly deliver the global risk and reinsurance specialist's comprehensive range of global ... Read the full article
Clyde & Co merges with Tillman Batchelor to expand US insurance operations
6th January 2025
Global law firm Clyde & Co has merged with Dallas-domiciled, law firm Tillman Batchelor LLP, further expanding the company's North American insurance practice and capabilities in the southwestern US. As part of the merger, Mark Tillman and Colin Batchelor have joined Clyde & Co’s Dallas office as partners with a team ... Read the full article
Amwins acquires MGA Superior Underwriters
2nd January 2025
Amwins, a distributor of specialty insurance products and services, has reached an agreement to acquire Superior Underwriters, a Bellevue, Washington-based managing general agency (MGA) that specialises on commercial lines, personal lines and transportation business. The transaction reportedly closed on December 31, 2024. Terms of the transaction were not disclosed. From ... Read the full article
Arthur J. Gallagher expands with BMR Insurance acquisition
30th December 2024
Global insurance brokerage Arthur J. Gallagher & Co. has acquired Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance, a retail insurance agency that serves commercial and personal lines clients primarily across Southern California. Terms of the transaction have not been disclosed. According to the announcement, BMR Insurance's Principal, ... Read the full article
Amynta Group acquires Crum & Forster’s credit insurance business
27th December 2024
Insurance services provider, Amynta Group has acquired the Credit Division of Crum & Forster (C&F), a subsidiary of Fairfax Financial Holdings Limited. According to the announcement, the business will operate as a full-service Managing General Underwriter (MGU) under Amynta Risk Solutions. From what we understand, Amynta's acquisition of the C&F Credit Division, which ... Read the full article
CRC Group expands binding operations in Southeast through SLB acquisition
16th December 2024
CRC Group, a wholesale specialty insurance distributor in North America, has announced that it has acquired SLB Insurance Group, a binding authority operation with offices located in Florida and Louisiana. Established in 2000, SLB particularly specialises in small to midmarket property and casualty, trucking, and personal lines insurance. The company is led by Darren ... Read the full article
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