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.

WTW completes $1.3bn acquisition of Newfront

28th January 2026

Global insurance and reinsurance broking group WTW has completed the acquisition of San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting to $1.3 billion, as reported previously. This acquisition expands WTW’s US middle market capabilities and enhances ... Read the full article

AUB expands in UK retail insurance market with Prestige Insurance acquisition

27th January 2026

AUB Group Limited has agreed to acquire a majority stake in Prestige Insurance, positioning Prestige as its flagship UK retail broking platform to consolidate Tysers’ Retail portfolios, drive AUB’s Retail MGA strategy, and accelerate its UK footprint alongside existing investments in Movo and Momentum AR networks. Prestige Insurance is an insurance ... Read the full article

Assured Guaranty expands into annuity reinsurance through Warwick Re acquisition

22nd January 2026

Assured Guaranty Ltd. (AGL), an insurance holding company, together with its subsidiaries operating under the Assured Guaranty name, announced that it has entered the annuity reinsurance market with the acquisition of Warwick Re Limited (Warwick Re), a Bermuda-domiciled life and annuity reinsurer, following the transaction, the company has rebranded the ... Read the full article

Beazley rejects latest Zurich proposal on the basis it ‘materially undervalues’ the firm

22nd January 2026

Specialist insurer Beazley has confirmed that its Board of Directors has unanimously rejected Zurich's cash proposal of 1,280 pence per share, stating that it "materially undervalues Beazley and its longer-term prospects as an independent company." The decision from Beazley comes after a detailed evaluation of the January 19th proposal by ... Read the full article

Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation

21st January 2026

Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article

Optio strengthens position in Italian MGA market with Heca acquisition

20th January 2026

Optio Group, a specialty managing general agent (MGA), has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca); financial details were not disclosed. This transaction gives Optio full ownership of Heca, further strengthening its position in the Italian MGA market. The MGA’s initial investment in Heca was announced in ... Read the full article

Gryphon to acquire specialty commercial lines carrier PrimeOne

20th January 2026

Gryphon Holdings, an insurance and financial services solutions innovator, has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier, in an undisclosed transaction. PrimeOne is a specialty property and casualty insurer focused on partnering with program administrators and managing general agents in select ... Read the full article

Zurich submits improved proposal to acquire 100% of specialist insurer Beazley

19th January 2026

Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter's Board rejected a previous proposal they felt significantly undervalued the firm. On January 4th, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley share to ... Read the full article

United Risk to acquire DUAL North America’s Crisis Management Program

14th January 2026

Hayden Smith, CEO of United Risk, an international property and casualty insurance underwriting and distribution platform, has announced that the company has signed an agreement to acquire DUAL North America’s Crisis Management program and underwriting team. Once acquired, the unit will be renamed First Product Protection and will operate as an ... Read the full article

KatRisk acquires UK-based Symfos, developer of Orchestra platform

13th January 2026

Catastrophe risk model and climate analytics provider KatRisk has acquired Symfos, the UK-based company behind the Orchestra underwriting and portfolio intelligence platform. KatRisk explained that the acquisition will combine its climate and catastrophe modelling with Symfos’ underwriting tools to help insurers move faster, price risk better, and manage growing natural hazard ... Read the full article

The Baldwin Group acquires Philadelphia-based Capstone

9th January 2026

The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the completion of its acquisition of Capstone Group, a full-service, multi-line independent insurance brokerage headquartered in the Philadelphia area. Founded in 2013, Capstone Group provides independent risk management, insurance brokerage, and employee benefits consulting services. It specialises in risk ... Read the full article

Allianz completes €2.1bn sale of stakes in two JVs to Bajaj Group

9th January 2026

Global insurer Allianz has completed the sale of a 23% stake in the two joint ventures, Bajaj General Insurance Company and Bajaj Life Insurance Company, to the Bajaj Promotor Group (Bajaj) for a gross consideration of approximately €2.1 billion, an updated price from ~€2.6 billion due to current exchange rates. This ... Read the full article

Global Risk Consultants acquires Aon U.S. Field Services

9th January 2026

Global Risk Consultants Corp. (GRC), an independent provider of unbundled property loss control and risk engineering services, has acquired the U.S. Field Services business of Aon’s Property Risk Control Practice from Aon. This move comes at a time when the market’s operational risks are evolving faster than ever and insurers demand ... Read the full article

a.s.r. to acquire Bovemij’s insurance activities from BOVAG for €185m

9th January 2026

ASR Nederland N.V. (a.s.r.), a Dutch insurance company, has reached an agreement with BOVAG to acquire 100% of the insurance activities of Bovemij N.V. (Bovemij) for €185 million in cash. Established in 1963, Bovemij specialises in insurance and related services for the mobility sector, with insurance activities generating approximately €400 million ... Read the full article

Xceedance enters agent and broker ecosystem with Marble Box acquisition

7th January 2026

Xceedance, a global provider of technology-driven business solutions for the insurance industry, has acquired Marble Box, a company providing specialised back-office support and virtual assistant services for independent insurance brokers. With this acquisition, Xceedance enters the agent and broker sector, highlighting its dedication to modernise distribution operations, the firm noted. Though agencies ... Read the full article