Reinsurance News
Mergers & acquisitions news
Reinsurance mergers and acquisitions news, covering details of M&A transactions in the works and completed, between insurance, reinsurance and related companies.
European insurance M&A activity rises 14% in 2025: FTI Consulting
13th March 2026
Activity levels within the European insurance M&A market remain strong, with 789 transactions announced in 2025 across the insurance brokerage, managing general agent, insurance service provider and carrier sectors, up 14% compared with 694 deals in 2024, according to analysis by FTI Consulting. However, FTI Consulting’s latest European Insurance M&A Barometer ... Read the full article
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
Aon’s NFP launches Group Captive practice through acquisition of Trinity Risk Advisors
4th March 2026
NFP, an Aon company and property and casualty (P&C) broker and benefits consultant, has established its P&C Group Captive practice through the acquisition of Trinity Risk Advisors, LLC, a Charlotte, N.C.-based captive brokerage firm. Alan Wise, Founder and President of Trinity Risk Advisors, will lead the P&C Group Captive practice as ... 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
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.
