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.

Beazley to acquire US renewable energy MGA kWh Analytics

10th March 2026

Leading specialty insurer Beazley has reached an agreement to acquire kWh Analytics, a US renewable energy MGA, which will be embedded into its MAP (Marine, Accident & Political) Risks team. Jason Kaminsky, CEO of kWh Analytics, will report directly to Tim Turner, Group Head of MAP Risks and be a key ... Read the full article

SPG expands speciality property insurance platform with Proper Insurance acquisition

10th March 2026

Specialty Program Group (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Proper Insurance, a provider of insurance coverage designed specifically for short-term rental properties. Proper Insurance, founded in 2014 and headquartered in Bozeman, Montana, offers a commercial insurance solution that serves as a replacement ... Read the full article

Generali agrees to sell Irish and Northern Irish P&C operations to Zurich

9th March 2026

Generali has reached an agreement for the sale of its Irish and Northern Irish P&C operations, carried out through the Irish and UK (Northern Ireland) branches of Generali Spain under the RedClick brand, to Zurich Insurance Europe AG and Zurich Insurance Company Ltd, UK Branch, both part of the Zurich ... Read the full article

Athora raises €3.5bn to fund approved Pension Insurance Corporation acquisition

6th March 2026

Athora, a European savings and retirement services group, has secured €3.5 billion of common equity commitments from a broad base of investors, with the majority of the proceeds expected to fund the acquisition of Pension Insurance Corporation Group (PICG), alongside remaining equity commitments from Athora’s 2022 capital raise. Athora ... Read the full article

Zurich and Beazley reach agreement on £8.1bn transaction

2nd March 2026

An agreement has now been reached for global insurer Zurich to acquire London-headquartered specialist insurer Beazley in an £8.1 billion (USD 10.8bn) all-cash transaction, bringing together "two highly complementary businesses to establish a global leader in Specialty insurance." The Boards of both companies have agreed the terms of a recommended all-cash ... Read the full article

SPG acquires Logistiq to merge with Anova Marine Insurance

2nd March 2026

Specialty Program Group (SPG) LLC, a specialty insurance platform, has acquired Logistiq Insurance Solutions (Logistiq) to merge the business with previously acquired Anova Marine Insurance. This strategic move unifies two marine and transportation insurance entities to create a unified tech-forward platform to address complex risks of the global supply chain ... Read the full article

Miller to acquire Dubai-based reinsurance broker Shields

27th February 2026

Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly complementary to its re/insurance strategy and broader multinational expansion, further strengthening its established footprint across the EMEA market. The ... Read the full article

Gallagher strengthens European footprint with German broker KROSE acquisition

26th February 2026

Gallagher, a global insurance broking and risk management company, has acquired KROSE GmbH & Co KG, a German commercial insurance and reinsurance solutions provider, in an undisclosed transaction. KROSE, headquartered in Bremen, was established in 1920 and partners with large blue-chip clients across Germany. It specialises in the design and placement ... Read the full article

Sompo completes Aspen acquisition

24th February 2026

A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has successfully completed the acquisition of Aspen Insurance Holdings Limited through the purchase of 100% of the issued Class A ordinary shares of Aspen. The closing follows the initial $3.5 billion deal announced in August 2025. Mikio Okumura, Sompo Group CEO, ... Read the full article

B.P. Marsh views sustained M&A wave as strategic opportunity

24th February 2026

B.P. Marsh & Partners, the specialist venture capital investor in early-stage financial services businesses, has suggested it sees ongoing mergers & acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in respect of new investments, following a strong financial year ended 31 January 2026. B.P. Marsh ... Read the full article

Zurich Australia expands in life insurance market with ClearView acquisition

24th February 2026

Zurich Financial Services Australia (Zurich) has entered an agreement to acquire ClearView Wealth Limited (ClearView) via a scheme of arrangement. The transaction bases ClearView's equity value at approximately AUD 415 million. Zurich Australia confirmed that the proposed acquisition has received the unanimous recommendation of ClearView Directors. The implementation of the proposed acquisition ... Read the full article

Vistria to capitalise growth in specialty MGA market with Lumen acquisition

23rd February 2026

Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article

Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit

20th February 2026

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months. The business unit being acquired by Swiss Re operates across Australia, New Zealand, and ... Read the full article

Former KPMG international tax specialist joins Gallagher’s Private Equity and M&A practice

18th February 2026

Gallagher, a global insurance broking and risk management company, has announced the appointment of Adriana Carvalho Assuncao, a specialist international tax and M&A lawyer, as a Director within its fast-growing Private Equity and M&A practice. Carvalho Assuncao, who is joining Gallagher’s UK-based team of the global practice, brings over ten years ... Read the full article

BayPine to acquire US independent insurance broker Relation for AI-driven expansion

18th February 2026

BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement, Relation’s management team, including Chief Executive Officer Tim Hall, will continue to lead the company. BayPine’s investment is ... Read the full article