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.
Ryan Specialty completes acquisition of Canadian MGU SSRU
4th December 2025
Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazard property and casualty solutions, will now operate within the Ryan Specialty Underwriting Managers (RSUM) division. The transaction, originally announced on October ... Read the full article
Bridgehaven completes acquisition of SureStone
3rd December 2025
UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the hybrid insurer anticipating it will be key to strengthening its expanding network of MGA partners throughout ... Read the full article
The Baldwin Group and CAC to merge for $1.03bn
3rd December 2025
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total upfront consideration of $1.026 billion. The transaction, which is expected to close in the ... Read the full article
Gallagher Re to acquire South African reinsurance broker Resilea
1st December 2025
Gallagher Re, the reinsurance arm of the global broking group, has agreed to acquire the largest independent reinsurance broker in South Africa, Resilea (Pty) Ltd. The reinsurance broker expects the Resilea team to bring a greater level of scale and strength to itself and its clients. Iain Macindoe, previously Chief Executive Officer ... Read the full article
Private equity investors end acquisition talks with AUB
1st December 2025
Private equity investors EQT and CVC (together, the Consortium) have notified AUB Group that they will not proceed with a binding A$45-per-share scheme proposal to acquire 100% of the business, and both sides have therefore agreed to end discussions. The update follows EQT’s disclosure on 9 November 2025 that it had ... Read the full article
UK P&I Club and TT Club target growth and stability with proposed merger
1st December 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they are currently engaged in discussions regarding a potential merger. The Clubs have worked closely ... Read the full article
M&A activity could reduce cyber market capacity: Marsh’s Konyar
28th November 2025
Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” for the cyber insurance market, with experts warning that capacity consolidation could eventually reduce market availability. Gamze Konyar, Head of Cyber, Marsh Europe, has highlighted that while the current market remains soft, the long-term implications of re/insurer consolidation ... Read the full article
Tokio Marine to enhance specialty offerings in US agricultural sector with CIH acquisition
26th November 2025
Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners. Based in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price ... Read the full article
HBC Group expands into Nordics with Danish agency DUAN acquisition
25th November 2025
HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a Danish underwriting agency based in Copenhagen, was founded in 2017 and has quickly established itself as ... Read the full article
Proxy firms differ on Tiptree’s sale of Fortegra to DB Insurance
24th November 2025
Proxy advisory firms have split in their assessments of Tiptree Inc.’s proposed sale of its specialty insurer Fortegra to DB Insurance, setting the stage for a contentious shareholder vote at the company’s Special Meeting on December 3rd. The deal, announced in September, would see DB Insurance, South Korea’s second-largest non-life ... Read the full article
Amynta expands FNP’s book of nonprofit clients with NPS acquisition
19th November 2025
Insurance service provider, Amynta Group, has announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Nonprofit Services Insurance Agency, Inc. (NPS). Based in Longview, Washington, NPS has been providing alternative methods for nonprofit employers to meet their unemployment insurance liabilities for over 20 years. It offers comprehensive captive management unemployment ... Read the full article
2026 to be a defining year for reinsurance M&A: DXC Technology’s Mahon
17th November 2025
James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, said that softening rates, abundant capital, and strategic repositioning are setting the stage for 2026 to be a defining year for reinsurance mergers and acquisitions (M&A). In an interview with Reinsurance News, Mahon stated that the industry is bracing for a new surge ... Read the full article
MS&AD to acquire 18% stake in MassMutual’s Barings
17th November 2025
Japanese insurance group MS&AD Insurance Holdings, through its subsidiary, Mitsui Sumitomo Insurance Co., Ltd. (MSI), is set to acquire an 18% equity stake in Barings, a global asset management subsidiary of MassMutual. Barings delivers innovative solutions to clients globally with assets under management of over $470 billion. This investment from MS&AD is ... Read the full article
Davies to acquire Canada’s SCM Insurance Services
11th November 2025
Davies, a specialist professional services and technology firm serving the insurance market, has signed an agreement to acquire SCM Insurance Services (SCM), Canada’s largest claims processing and risk solutions provider. As part of this acquisition, SCM’s three operational entities will be integrated into the Davies global platform, these include ClaimsPro, Canada’s ... Read the full article
FutureProof Technologies to enhance wildfire coverage with Terrafuse AI acquisition
11th November 2025
FutureProof Technologies, a venture-backed insurtech startup, has entered into a definitive agreement to acquire Terrafuse AI, a provider of wildfire risk analytics. The acquisition combines FutureProof’s AI-powered underwriting and pricing platform with Terrafuse’s patented wildfire prediction technology, creating a comprehensive platform to deliver next-generation insurance coverage in wildfire-affected states. Following the devastating ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
