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.
Aon to sell majority of NFP’s wealth business to Madison Dearborn Partners
3rd September 2025
Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP's wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration estimated to be $2.7 billion at the time of close. NFP is a subsidiary of Aon and ... Read the full article
Skyward Specialty to acquire Lloyd’s specialist Apollo
3rd September 2025
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has entered into a definitive agreement to acquire 100% of Lloyd's specialist, Apollo Group Holdings Limited's shares for a total consideration of $555 million from Alchemy, management, employees, and other strategic investors. Employees and strategic investors will receive $184 million ... Read the full article
Gallagher Re to enhance APAC footprint with acquisition of Steadfast Re
2nd September 2025
Global reinsurance broker Gallagher Re has further invested in the Asia Pacific region by agreeing to acquire Sydney, Australia-based reinsurance broking firm Steadfast Re Pty Limited. Terms of the deal, which is expected to close in the final quarter of this year, were not disclosed. The acquisition is a reflection of Gallagher ... Read the full article
AM Best says Aspen acquisition could have “material benefits” for Sompo
2nd September 2025
Credit ratings agency AM Best has placed the Financial Strength Rating (FSR) of Sompo Japan Insurance Inc. and its subsidiaries under review with positive implications, citing potential "material benefits in Sompo group’s business profile following the acquisition of Aspen." It was announced last week that Sompo has agreed to acquire ... Read the full article
Softening reinsurance market could drive M&A opportunities: Fitch
1st September 2025
According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less successful in the hard market. In a recent report, Fitch noted that in 2025, there was no major ... Read the full article
Bain Capital to acquire Jensten Group from Livingbridge
1st September 2025
Private investment firm Bain Capital has signed a definitive agreement to acquire Jensten Group, a UK commercial insurance broker, from Livingbridge, with the transaction expected to close in Q4 2025, subject to regulatory approvals. Founded in 1986, Jensten has evolved into a multi-channel distribution platform serving small and medium-sized enterprises across ... Read the full article
Sompo to enhance global footprint with $3.5bn acquisition of Aspen
27th August 2025
A wholly owned subsidiary of Sompo International Holdings (SIH) has agreed to acquire all outstanding Class A ordinary shares of Aspen Insurance in a $3.5 billion deal. The transaction has reportedly been unanimously approved by both companies' Boards of Directors and is anticipated to close in H1 of 2026. As expected, ... Read the full article
Hadron completes acquisition of GCNA from IFC subsidiary
21st August 2025
Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, which was first announced in April this year, ... Read the full article
Philippine insurers FPG and Mercantile announce merger
20th August 2025
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the Philippines, have announced their plans to merge, forming FPG Mercantile. With a combined GWP of PHP 10 billion, FPG Mercantile is set to become a new non-life insurance powerhouse in the ... Read the full article
Gallagher closes $13.45bn acquisition of AssuredPartners
18th August 2025
Global insurance brokerage Arthur J. Gallagher & Co. has announced the completion of its acquisition of US insurance broker AssuredPartners. In December 2024, Gallagher entered into a definitive agreement to acquire AssuredPartners from GTCR for a total consideration of $13.45 billion. The transaction is reportedly the largest sale of a U.S. ... Read the full article
Third Point secures 67% shareholder support for Malibu Life Re acquisition
14th August 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform. The vote, which took place at the firm’s extraordinary general meeting (EGM), resulted in 67% of shareholders voting in favour of the ... Read the full article
Kelso completes sale of Accession to Brown & Brown for $9.83bn
14th August 2025
Kelso & Company, L.P., a North American-focused middle-market private equity firm, has completed the sale of its portfolio company Accession Risk Management Group to Brown & Brown in a primarily cash transaction valued at approximately $9.83 billion. Initially announced in June 2025, the deal is one of the largest full private ... Read the full article
Advent to acquire Sapiens for $2.5bn
13th August 2025
Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International Corporation N.V., a provider of software solutions for the insurance industry, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion. Under the terms ... Read the full article
Pole Star Global expands into marine insurance with Clearwater Dynamics acquisition
13th August 2025
Pole Star Global, a provider of maritime intelligence solutions, has acquired UK-based Clearwater Dynamics, a real-time maritime risk intelligence company, marking its expansion into the marine insurance sector. The deal creates a new, integrated approach for managing insurance risk, strengthening Pole Star's leadership in maritime domain awareness, combining Clearwater's capabilities in ... Read the full article
Specialist Risk Group acquires London-based broker City Quarter Brokers
12th August 2025
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an independent international insurance and reinsurance broker with full access to Lloyd’s and the London Company ... Read the full article
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