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.
SPG acquires ANOVA Marine Insurance Services to broaden marine and logistics offerings
5th August 2025
Specialty Program Group LLC (SPG), a national operator of specialty insurance businesses, has acquired ANOVA Marine Insurance Services, LLC, a managing general agency (MGA) focused on marine, cargo, transportation, and logistics insurance. The acquisition is intended to strengthen SPG’s position in these sectors while allowing ANOVA to access broader distribution resources. ANOVA, ... Read the full article
Specialist Risk Group acquires Ecclesia’s Dutch and Belgian operations
4th August 2025
Insurance industry intermediary, Specialist Risk Group (SRG), has completed the previously announced acquisition of German broker Ecclesia’s businesses in the Netherlands and Belgium, marking its formal entry into mainland Europe. The acquired businesses, BS&F, Concordia, Ecclesia BV, Finance & Insurance, IC Verzekeringen NV – CI Assurances SA, Sibbing, and XOLV ... Read the full article
Brown & Brown completes RSC Topco acquisition
4th August 2025
Brown & Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The deal, first announced in June 2025, was finalised for a gross purchase price of $9.825 billion, according to the original ... Read the full article
Aegis Professional Risk transitions to McGowan Companies in deal with K2 Insurance Services
4th August 2025
McGowan Companies, a provider of specialised insurance programmes, has acquired the assets associated with the Aegis Professional Risk division from Aegis General Insurance Agency, Inc. This transaction was completed through an asset purchase agreement with K2 Insurance Services, LLC. Aegis Pro Risk is a division focused on professional liability insurance solutions. It ... Read the full article
AXA to acquire Italian MGA Prima
1st August 2025
French insurer AXA has agreed to acquire Milan-headquartered Prima, an Italian direct insurance player acting as a managing general agent (MGA). The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close by the end of 2025. Since its launch in 2015, Prima ... Read the full article
Bridgepoint to acquire majority stake in HBC
31st July 2025
Bridgepoint, a quoted private asset growth investor, has agreed to acquire a majority stake in HBC (Hanseatic Broking Center), an independent SME+ insurance distribution platform in the DACH region, from Preservation Capital Partners. HBC was founded in 2022 by merging three long-standing specialty brokers and a managing general agent (MGA). Since ... Read the full article
Brookfield Wealth Solutions to acquire Just Group in £2.4bn deal
31st July 2025
A wholly owned subsidiary of Brookfield Wealth Solutions (BWS) is set to acquire London life insurer Just Group. Brookfield will reportedly pay 220 pence per share in cash, valuing Just Group’s equity at £2.4 billion ($3.2 billion). Brookfield said it plans to merge Just Group with its UK insurance business, Blumont, with ... Read the full article
Nationwide to acquire renewal rights of Markel’s Global Reinsurance business
31st July 2025
Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has entered into a definitive agreement to acquire the renewal rights of Markel Insurance’s Global Reinsurance business, signalling Markel's exit from the reinsurance market as the firm focuses on growing its core specialty insurance operation. This sale aligns ... Read the full article
Verisk to acquire AccuLynx for $2.35bn
30th July 2025
Verisk, a data analytics and technology provider to the insurance and energy industries, has entered into a definitive agreement to acquire AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing, for $2.35 billion in cash, expected to close by the end of ... Read the full article
Mitsubishi Electric to transfer insurance subsidiary to Marsh Japan
29th July 2025
Mitsubishi Electric Corporation has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. This transaction is expected to be completed on November 4, 2025. The move comes as Mitsubishi Electric continually assesses the significance of ... Read the full article
Bridgehaven expands into European MGA market with SureStone acquisition
28th July 2025
Bridgehaven Europe Holdings Limited (Bridgehaven), a UK-based hybrid insurer focused on commercial and specialty lines, has entered into an agreement to acquire SureStone Insurance DAC (SureStone), a Dublin-based insurer, for an undisclosed fee. SureStone will become Bridgehaven’s first European Subsidiary to underwrite EU risks through the rapidly evolving MGA market—expected to ... Read the full article
SMABTP and MACSF to acquire 100% of Arundo Re’s capital
28th July 2025
A consortium formed by the SMABTP and MACSF groups has finalised an agreement to acquire 100% of the capital of Arundo Re (formerly CCR Re). This transaction marks the full exit of Caisse Centrale de Réassurance (CCR) from the capital of France's second-largest private reinsurer. In 2023, SMABTP and MACSF acquired ... Read the full article
Sands Point Risk acquires Medical Stop Loss MGU BRM Specialty Markets
25th July 2025
Sands Point Risk, a multi-program MGA platform backed by Avesi Partners, has announced its acquisition of BRM Specialty Markets, a Philadelphia-based Medical Stop Loss Managing General Underwriter. The acquisition marks a significant milestone for both companies as they combine their strengths to deliver high-impact solutions across the insurance industry. BRM will benefit ... Read the full article
Third Point increases Redemption Offer for Malibu Life Re acquisition
24th July 2025
Third Point LLC (TPIL ), the New York based alternative asset manager, is moving forward with its proposed acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform, and has announced an update regarding the improved terms for a Redemption Offer for shareholders who wish to exit their ... Read the full article
Advanta integrates Propicsa into operations and announces senior hires
10th July 2025
Advanta, a specialist technical adjusting firm, has announced the merger of Propicsa, a specialist Latin America and Caribbean loss adjuster, into its operations, aiming to strengthen its capabilities in the region and enhance its service offerings. Advanta has also appointed Andrew Brown as Divisional Director, Specialty. Based in London, Brown will lead ... Read the full article
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