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.

Ardonagh completes $2.5bn equity investment led by Stone Point Capital

30th June 2025

The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group at $14 billion. This landmark transaction sees Stone Point become a significant shareholder in ... Read the full article

M&A insurance payouts hit record highs in 2024, driven by R&W claims: Aon

27th June 2025

Mergers & Acquisitions (M&A) insurance claims payouts have surged in recent years, with 2024 marking the highest year on record for M&A insurance payouts, according to a recent Aon study. The research highlights a significant increase in claims activity related to Representations and Warranties (R&W) insurance, also known as Warranty and ... Read the full article

Oliver Wyman to acquire Validate Health, expanding healthcare analytics capabilities

26th June 2025

Oliver Wyman, a management consulting firm and part of Marsh McLennan, has announced an agreement to acquire Validate Health, a healthcare analytics company that supports healthcare providers and Accountable Care Organisations (ACOs) in improving cost management, risk assessment, and operational performance. Financial details of the transaction, which is expected to close ... Read the full article

Munich Re’s ERGO expands Nordic presence with the merger of travel and health insurance units

24th June 2025

Munich Re's ERGO Group AG has completed the merger of its Danish travel insurance company, Europæiske Rejseforsikring A/S and its Norwegian health insurance business, ERGO Forsikring AS, formerly known as Storebrand Helseforsikring AS, expanding its presence further in the Nordic market, creating significant growth potential. Following the merger, ERGO is combining ... Read the full article

Apollo’s Athora in talks to acquire PIC, reports Sky News

20th June 2025

Athora, a savings & retirement services firm in Europe established by Apollo Global Management, is in talks to acquire Pension Insurance Corporation (PIC), according to Sky News. While spokespeople for Apollo and PIC reportedly declined to comment, Sky News noted that the £4–£5 billion deal, if completed, would represent a landmark ... Read the full article

Marco Capital acquires R&Q Gamma, marking third transaction with parent

20th June 2025

European P&C insurance run-off group Marco Capital has acquired R&Q Gamma Company Limited, subject to regulatory approval. Marco Capital explained that R&Q Gamma, formerly The Royal London General Insurance Company Ltd, was established in 1983 and put into run-off in 1999. It was purchased by R&Q Insurance Holdings Ltd in 2016 to ... Read the full article

Walaa Cooperative Insurance acquires majority stake in DIFC-based fac reinsurance MGA Aspire

20th June 2025

Last month, Walaa Cooperative Insurance Company, a listed Saudi insurer, completed its acquisition of an 88% stake in Aspire Underwriting Agency Ltd. (AUAL), a Managing General Agent (MGA) based in the Dubai International Financial Centre (DIFC). The transaction was approved by both the Dubai Financial Services Authority and the Saudi Insurance ... Read the full article

United Risk completes acquisition of specialty reinsurance MGA Pinnacle Underwriting

18th June 2025

United Risk, a global property and casualty insurance underwriting and distribution platform, has completed the acquisition of Pinnacle Underwriting Pty Ltd. and its affiliate Pinnacle Holdings Group Pty Ltd. (collectively, Pinnacle Underwriting). Headquartered in Sydney with offices in Melbourne, Singapore, and Dubai, Pinnacle Underwriting is a specialty facultative reinsurance MGA managing ... Read the full article

Howden acquires Chilean retail insurance broker U&F

18th June 2025

Howden, the global insurance and reinsurance broking group, has acquired a Santiago-headquartered independent retail insurance broker, Ureta & Fernandez Corredores de Seguros Limitada (U&F). U&F was founded in 2010 by Felipe Ureta, the current Chief Executive Officer (CEO), with Matias Fernandez joining shortly after. The broker specialises in P&C, motor, civil liability, ... Read the full article

B.P. Marsh acquires 27% stake in Cameron Specialty

17th June 2025

B.P. Marsh & Partners, a specialist private equity investor, has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. Founded in 2021, Cameron Specialty focuses on UK property insurance across the commercial combined and property owners sectors. The business is led by Founder and CEO Tom Kirkland. B.P. Marsh will ... Read the full article

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