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.

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

ISS Sustainability Solutions acquires Sust Global to expand geospatial risk capabilities

11th August 2025

ISS Sustainability Solutions, the sustainable investment division of ISS STOXX, has acquired Sust Global, a provider of geospatial risk modelling and analytics. The move aims to enhance ISS Sustainability Solutions’ ability to offer institutional clients tools to assess asset-level risks tied to climate and environmental factors. Sust Global, founded in 2020, uses ... Read the full article

Talanx’s retail division sells its Argentinian and Uruguayan subsidiaries to BARBUSS

6th August 2025

The Retail International division of European insurer Talanx Group has sold its Argentinian and Uruguayan entities to BARBUSS, a global holding company providing a range of insurance, claims management and financing solutions. Both entities are now owned by BARBUSS S.A., except for a remaining 10% portion of HDI Seguros Uruguay, which ... Read the full article

Optio completes acquisition of Luxembourg-based MGA Circles Group

6th August 2025

Optio Group, a specialty managing general agent (MGA), has completed its acquisition of the Luxembourg-based MGA Circles Group (Circles). The transaction, initially announced in October 2024, reportedly marks Optio’s largest acquisition in Europe to date. Founded in 2001, Circles specialises in contingency and special risks insurance. With over €50 million in ... Read the full article

J.C. Flowers acquires Italian insurance brokerage Caleas

6th August 2025

J.C. Flowers & Co. (JCF), a private investment firm dedicated to investing in the financial services industry, has announced that investment vehicles affiliated with JCF (JCF Funds) have acquired Caleas Srl, a Milan-based insurance brokerage. This acquisition is part of JCF’s ongoing strategy to consolidate its presence in the Italian insurance ... Read the full article

Berenberg highlights potential for increased M&A activity among reinsurers amid slowing growth

5th August 2025

Berenberg, a European investment bank and asset manager, has noted that mergers and acquisitions (M&A) could become increasingly appealing to large reinsurers. This comes amid expectations that organic growth may slow due to rising competition in the sector. The suggestion is notable, given that M&A activity in the reinsurance industry has ... Read the full article

Grupo ilao strengthens presence in Colombia with 21 brokerage acquisitions

5th August 2025

Chariot & Castle Seguros, a property and casualty insurance brokerage operating in Colombia under the name Grupo ilao, has announced the successful acquisition of 21 insurance brokerages across seven Colombian cities over the past two years. This strategic expansion positions the company among the top five insurance brokerages in the country. The ... Read the full article