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.
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
Skyward Specialty introduces new holding company following Apollo acquisition
6th January 2026
Skyward Specialty Insurance Group, Inc., a property and casualty specialist insurer, has introduced Skyward Group as the unified brand for the holding company following the successful completion of its acquisition of Lloyd’s specialist Apollo Group Holdings Limited. On 3rd September 2025, Skyward Specialty entered into a definitive agreement to acquire ... Read the full article
SageSure completes acquisition of Gemini Financial and Olympus subsidiaries
6th January 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, has completed the acquisition of Gemini Financial Holdings Corporation and its Olympus subsidiaries. In September 2025, SageSure entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for ... Read the full article
Admiral Group completes sale of US motor business Elephant to J.C. Flowers
5th January 2026
UK domiciled insurer Admiral Group has completed the sale of its US motor insurance business, including Elephant Insurance Company and Elephant Insurance Services (Elephant), to J.C. Flowers & Co., a global private investment firm dedicated to investing in the financial services industry. Admiral initially announced the deal back in April ... Read the full article
Howden to acquire representations and warranties insurance broker Atlantic Group
5th January 2026
Insurance and reinsurance broking group Howden has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker headquartered in New York, US. Since its establishment in 2017, Atlantic Group has rapidly expanded to become a top-five broker in the North American transaction liability market. With an expert team of ... Read the full article
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