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.
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
Howden agrees to acquire Evelyn Partners Financial Services
11th November 2025
Howden, an insurance and risk advisory group, has agreed to acquire Evelyn Partners Financial Services Limited, the employee benefits consultancy division of Evelyn Partners, a UK-based wealth management and professional services firm. The acquisition is intended to expand Howden’s employee benefits and corporate health services in the United Kingdom. Completion of ... 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
U.S. Risk and Safehold Special Risk combine to launch new brand IGP Specialty
11th November 2025
U.S. Risk, a specialty lines underwriting manager and wholesale broker, and program administrator, Safehold Special Risk, are combining business operations under a new unified brand, Innovation Growth Partners Specialty, LLC (IGP Specialty). The merger brings together a combined legacy of more than 40 years, with its new brand designed to reflect ... Read the full article
Marco Capital finalises acquisition of R&Q Gamma
7th November 2025
Marco Capital Holdings Limited, a European group specialising in the acquisition and management of property and casualty (P&C) insurance run-off portfolios and companies, has finalised the purchase of R&Q Gamma Company Limited. R&Q Gamma, a UK-based non-life insurer in run-off, was previously owned by Randall & Quilter II Holdings Ltd (in ... Read the full article
Nirvana and Pulse merge to create specialty MGA platform
7th November 2025
Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a significant specialty MGA platform with enhanced capabilities across five lines of business: Media, Technology & Cyber, Accident ... Read the full article
Everest renewal rights deal a “great opportunity to grow faster”: AIG, Jon Hancock
5th November 2025
Jon Hancock, EVP & CEO of International Commercial and Global Personal Insurance at AIG, said the recent renewal rights deal with Everest is a great opportunity to accelerate growth for AIG’s already robust commercial business, while also benefiting brokers and clients. In October 2025, Everest Group entered into definitive agreements ... Read the full article
Mitsubishi Electric completes sale of insurance subsidiary to Marsh Japan
4th November 2025
Mitsubishi Electric Corporation has announced the completion of the sale of all shares in its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. Mitsubishi Electric Insurance Service was established in 1999 as an insurance agency for the Mitsubishi Electric Group. Since then, it has supported the ... Read the full article
Protective Life to acquire Abry Partners’ portfolio company
3rd November 2025
Private equity firm Abry Partners announced that its portfolio company, Portfolio Holding, Inc., has entered into an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. The transaction is expected to close in the ... Read the full article
Nippon Life completes acquisition of Resolution Life
31st October 2025
Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has confirmed the completion of its acquisition by Nippon Life Insurance Company, a Japanese life insurer. This follows the December 2024 announcement that Nippon Life had agreed to consolidate its ownership interest in Resolution Life ... Read the full article
Ryan Specialty to acquire Canadian MGU Stewart Specialty Risk Underwriting
31st October 2025
International specialty insurance firm, Ryan Specialty, has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU) specialising in underwriting large-account, high-hazard property and casualty solutions. According to the announcement, SSRU will become a part of the Ryan Specialty Underwriting Managers (RSUM) division ... Read the full article
Palomar to acquire The Gray Casualty & Surety Company for $300m
31st October 2025
Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treasury-listed surety carrier specialising in contract bonds for midsized and emerging contractors across ... Read the full article
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