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.

The Baldwin Group and CAC complete merger worth $1.03bn

5th January 2026

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 completed the previously announced merger, with a total upfront consideration of $1.026 billion. To recap, this merger is expected to create one of ... Read the full article

Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics

2nd January 2026

Global reinsurer Munich Re’s primary insurance arm, ERGO Group, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches in Estonia and Latvia. The announcement was made by ERGO International AG, the segment managing the group’s international business ... Read the full article

Willis Re expects further easing of conditions, greater competition & continued new supply in 2026

31st December 2025

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, forecasts that in 2026 there will be continued new supply, alongside easing of conditions and greater competition between reinsurers for cessions. The broker notes that almost all segments showed a softening in reinsurance pricing over 2025, with ... Read the full article

IK Partners acquires majority stake in French insurance broker Ascora

31st December 2025

IK Partners, a European private equity firm, has announced that its IK Small Cap IV Fund has acquired a majority stake in Ascora Group, a French multi-specialist insurance broker. The transaction, structured as a management buyout (MBO), is designed to facilitate the succession of the company’s founder while accelerating the Group’s ... Read the full article

Verisk withdraws from AccuLynx acquisition

30th December 2025

Verisk, a data analytics and technology provider to the insurance and energy industries, has terminated its definitive agreement to purchase AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing. This decision follows the notification by the Federal Trade Commission (FTC) was unable to ... Read the full article

JAB Insurance to acquire Utmost Group’s Life and Pensions business

29th December 2025

JAB Insurance, the global insurance business of JAB Holding Company, has entered into a definitive agreement to acquire from Utmost Group plc its Life and Pensions (ULP) business. ULP is a UK life and pensions platform with more than £5 billion of assets under management and serving approximately 290,000 pensioners. The platform ... Read the full article

Freedom to buy outstanding shares of Concert

24th December 2025

The shareholders of Concert Group Holdings, Inc., a specialised insurance holding company known for providing tailored solutions to programme insurance markets, have agreed to allow founding shareholder Freedom Underwriters LLC (Freedom) to purchase all outstanding shares from current shareholders WT Holdings, Inc. (WT) and Century Focused Fund IV, LLC (Century). This ... Read the full article

SiriusPoint acquires Assist America to expand IMG services

23rd December 2025

Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisition will significantly bolster IMG’s third-party medical and travel assistance revenue, increase scale in the US, and expand its ... Read the full article

Gallagher bolsters Private Equity and M&A team with Hughes appointment

22nd December 2025

Specialist corporate M&A tax advisor Tom Hughes has been appointed as Director of Tax Insurance within Gallagher's rapidly expanding Private Equity and M&A (PEMA) practice across EMEA, effective January 5th, 2026. Based in the UK, Hughes, a chartered accountant by profession and specialist tax advisor for the last decade, will be ... Read the full article

Permira and Warburg Pincus-led investor group acquires Clearwater for $8.4bn

22nd December 2025

Clearwater Analytics (CWAN) has agreed to be acquired by an investor group led by Permira and Warburg Pincus, with participation from Temasek, in a transaction valued at approximately $8.4 billion. The deal also has key support from Francisco Partners. Following a process that included engagement with strategic and financial sponsors, the ... Read the full article

Marco completes acquisition of Dublin-based Benteler Re

19th December 2025

European P&C insurance run-off group Marco Capital Holdings has completed its previously announced acquisition of Dublin-based Benteler Re from Benteler Group. Incorporated in January 2003, Benteler Re is a non-life insurance Captive in run-off. According to Marco, the transaction has received all required regulatory approvals and is now fully closed. Simon Minshall, Marco ... Read the full article

Howard Hughes’ $2.1bn Vantage acquisition mirrors Buffett’s insurance blueprint: Ackman

18th December 2025

Bill Ackman, founder and CEO of Pershing Square Capital Management, says Howard Hughes’ $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group echoes Warren Buffett’s early moves at Berkshire Hathaway, as the company he backs looks to build a diversified holding company. As reported earlier today, Howard Hughes’ takeover ... Read the full article

Vantage to be acquired by Howard Hughes Holdings in ~$2.1bn transaction

18th December 2025

Holding company Howard Hughes Holdings Inc. has agreed to acquire 100% of specialty insurer and reinsurer, Vantage Group Holdings Ltd., for approximately $2.1 billion in an all-cash transaction, subject to customary regulatory approvals. Founded in 2020, Vantage has established itself as a global insurer and reinsurer, offering a diversified portfolio of ... Read the full article

Insurance M&A activity set to hold pace in 2026: PwC

17th December 2025

PwC has disclosed that the insurance sector recorded $31.8 billion in M&A deals across 207 transactions between June 1 and November 30, and expects deal activity in 2026 to be broadly in line with this year. According to the firm, deal flow has remained steady over the past 12 months, as ... Read the full article

Amynta Group completes acquisition of broker International Sureties

12th December 2025

Insurance service provider Amynta Group has completed the acquisition of Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively known as International Sureties. Founded in 1972, International Sureties is a specialty surety broker, providing a range of commercial surety products, including admiralty, court, bankruptcy, logistics and license & permit ... Read the full article