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.
Ryan Specialty acquires J.M. Wilson
13th June 2025
Ryan Specialty, an international specialty insurance firm, has signed a definitive agreement to acquire the business of J.M. Wilson Corporation, a Michigan-domiciled business offering products from personal lines to surety, and transportation expertise. J.M. Wilson and its operations will become a part of RT Binding Authority, the binding authority specialty of ... Read the full article
The Baldwin Group’s Westwood to acquire Hippo’s homebuilder distribution network
12th June 2025
The Baldwin Group has announced that its indirect subsidiary, Westwood Insurance Agency LLC, has entered into an agreement to acquire the homebuilder distribution network from Hippo Holdings, Inc. and its affiliates, expected to close on or around July 1st, 2025. Westwood will acquire all outstanding equity interests of the entities comprising ... Read the full article
Brown & Brown to acquire Risk Strategies & One80 parent, Accession
10th June 2025
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, an insurance ... Read the full article
Britam acquired 30% stake in Continental Re in 2024 to diversify earnings
10th June 2025
Britam Holdings has acquired a 30% stake in Continental Reinsurance Company (Kenya) Limited (Continental Re) for Sh763.78 million in the financial year ended December 2024, representing a strategic move to diversify its revenue streams. The stake was acquired through Britam Life Assurance Company (Kenya) Limited’s investment in unquoted equity funds related ... Read the full article
Howden expands reinsurance footprint with acquisition of Peruvian broker Innova Re
9th June 2025
Howden, the global insurance and reinsurance broking group, has strengthened its position in the Peruvian market with the acquisition of Innova Re, a Lima headquartered independent reinsurance broker. The acquisition provides Howden Re, the group's reinsurance arm, with a new presence in Peru, and aligns with its strategic vision of international ... Read the full article
Howden expands credit risk capabilities with acquisition of Granular Investments
4th June 2025
Howden, an insurance intermediary, has acquired Granular Investments Limited and Granular Investments EU SAS, reinforcing its position in the European credit risk transfer market. The acquisition enhances Howden’s solutions for major financial institutions, particularly in the areas of credit risk and capital efficiency. Established in 2019 by Giuliano Giovannetti and Richard Sullivan, ... Read the full article
M&A becoming essential for insurance brokers as organic growth slows: Evercore ISI
3rd June 2025
Evercore ISI, an independent investment banking advisory and research firm, highlights a significant shift in the insurance brokerage industry. As organic growth begins to slow due to broader economic factors, mergers and acquisitions (M&A) are emerging as a critical strategy for brokers aiming to sustain and enhance their growth trajectories. Their analysis ... Read the full article
Miller completes acquisition of specialist reinsurance broking group AHJ
3rd June 2025
Specialist re/insurance broking group Miller has completed its acquisition of AHJ Holdings Ltd (AHJ), the ultimate parent company of Alwen Hough Johnson Limited and AHJ Europe AS. The transaction closed on June 2, following the receipt of all necessary regulatory approvals, as intended in the initial announcement made in February. Founded ... Read the full article
Markel completes acquisition of specialist marine MGA MECO
2nd June 2025
Markel, the insurance division of Markel Group Inc., has completed its acquisition of The MECO Group Limited, a specialist marine managing general agent (MGA), following regulatory approvals. The transaction follows Markel’s April 2025 announcement that it had entered into an agreement to acquire the MGA. MECO will now trade as MECO ... Read the full article
AM Best upgrades VSIC’s credit ratings following acquisition by FM
30th May 2025
AM Best has removed the under review with developing implications status it placed on Velocity Specialty Insurance Company (VSIC) earlier this year, upgrading its Financial Strength Rating to A from A- and its Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-”, with a stable outlook. The upgrades reflect ... Read the full article
Acrisure acquires Global Payments’ payroll business for $1.1bn
30th May 2025
Global fintech Acrisure has entered into a definitive agreement to acquire Heartland Payroll Solutions, Global Payments’ payroll business, for $1.1 billion. Heartland Payroll is a payroll and human capital management (HCM) company in the United States. Upon completion of the transaction, it will be rebranded. The company currently provides payroll solutions, ... Read the full article
‘Transformational’ Brazos and Twenty Mile merger enables Revau strategic expansion across NA
30th May 2025
Canadian managing general agent (MGA) Revau, a specialist in property and casualty insurance, is expanding its footprint in the US through its recent partnership with Brazos Specialty Risk Insurance and Twenty Mile Insurance Services, two independent, Texas-based MGAs. In addition to broadening its presence and operational capabilities in the country, this ... Read the full article
Travelers to sell Canadian personal & most of commercial arm to Definity Financial
28th May 2025
Property and casualty insurer, The Travelers Companies, Inc., has agreed to sell the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Canadian property and casualty insurer Definity Financial Corporation for approximately $2.4 billion. The transaction is expected to close in the first quarter of ... Read the full article
Kestrel & Maiden combine to form publicly listed specialty program group
28th May 2025
Kestrel Group LLC and Maiden Holdings, Ltd. have announced the successful completion of their combination, forming a new publicly listed specialty program group. The two companies initially announced in December 2024 that they had entered into a combination agreement. Maiden Holdings received shareholder approval for all proposals related to ... Read the full article
BMS Group acquires Turkish re/insurance broking firm Oria
22nd May 2025
BMS Group, an independent global insurance and reinsurance broker, has expanded its presence in the Turkish market with the acquisition of Istanbul-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Owned and Chaired by Cenk Erden, Oria is an independent re/insurance broking firm with an established strong presence in the local business environment. Since ... Read the full article
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