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.
Hybrid M&A strategies are reshaping insurers’ growth plans: Aon
3rd August 2026
Aon, the global professional services firm specialising in risk, retirement and health solutions, says insurers are broadening the way they approach mergers and acquisitions as economic conditions and higher capital costs make large-scale acquisitions more difficult to justify. According to Aon, businesses are increasingly considering hybrid growth structures that sit between ... Read the full article
Cover Genius to accelerate embedded protection across European banking with Friendsurance acquisition
3rd August 2026
Cover Genius, the global infrastructure for embedded protection, has acquired Friendsurance, the Berlin-based insurtech and digital bancassurance platform for insurers and banks. Through this transaction, Cover Genius combines its global infrastructure with Friendsurance's deep local regulatory expertise and bank-grade technology to deliver regulatory-ready, data-driven bancassurance infrastructure for DACH (Germany, Austria, and ... Read the full article
Mapfre agrees to acquire 38.9% stake in Spanish insurtech Tuio
30th July 2026
Mapfre, an international insurance company, has reached an agreement to acquire a 38.9% stake in Spanish insurtech Tuio, the specialist digital insurance distributor that leverages advanced technological capabilities and significant artificial intelligence (AI) maturity in its business model. According to the announcement, the agreement will allow Tuio, which currently operates in ... Read the full article
Lincoln Financial enters $5.8bn reinsurance deal with Talcott to reduce legacy risk exposure
30th July 2026
Lincoln Financial, a US financial services provider specialising in life insurance, annuities and retirement products, has announced a new reinsurance agreement with Talcott Financial Group, a global life and annuity insurance and reinsurance specialist. The agreement will transfer approximately $5.8 billion of guaranteed universal life (GUL) statutory reserves to a Talcott ... Read the full article
AM Best says MAPFRE’s Safety Insurance acquisition is strategically compelling
28th July 2026
Credit rating agency AM Best has described Spain-based multinational insurance group MAPFRE S.A.'s planned acquisition of Safety Insurance Group, Inc. as strategically compelling, saying the transaction brings together two insurers with similar regional footprints and product offerings while strengthening MAPFRE's position in Massachusetts and supporting its expansion across the New ... Read the full article
Cinven and La Caisse acquire majority stake in Optio from PCP
27th July 2026
Optio, an independent international specialty managing general agent (MGA), has announced that international private equity firm Cinven, together with global investment group La Caisse (formerly CDPQ), have agreed to jointly acquire a majority stake from Preservation Capital Partners (PCP). This investment will support Optio’s next chapter by supporting the expansion of ... Read the full article
Allianz to acquire HSBC Life Singapore
24th July 2026
Global insurer Allianz Group (Allianz), through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, has agreed to acquire composite insurer HSBC Life Singapore Pte Ltd (HSBC Life Singapore) from HSBC Holdings plc (HSBC Group), subject to regulatory approval. HSBC Life Singapore has a strong presence in the country’s life and ... Read the full article
Mapfre to acquire Safety Insurance Group for $1.54bn to strengthen Northeast position
24th July 2026
Mapfre, an international insurance company, through its subsidiary, Mapfre U.S.A. Corporation (Mapfre USA), has agreed to acquire Safety Insurance Group, Inc. (Safety), a property and casualty insurer with a strong presence in Massachusetts and several Northeastern states, in an all-cash transaction valued at $1.54 billion. This acquisition aligns with global re/insurer ... Read the full article
Sompo advances Brazil growth strategy with agreement to acquire Fator Seguradora
22nd July 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. has formalised an agreement to acquire Fator Seguradora in Brazil, which focuses on corporate insurance and business risk management solutions, with particular strength in Property, Surety, and Financial Lines. The transaction remains subject to customary regulatory approvals. Once completed, Sompo said the ... Read the full article
Howden acquires Irish financial advisory business Thomond Asset Management
16th July 2026
Global insurance and reinsurance broking group Howden expands its footprint in Ireland with the acquisition of Thomond Asset Management, the trading name of Folk Asset Management Limited, a financial advisory business headquartered in Limerick. Founded by Tom Fitzgerald, Neal Kelly and David O’Neill, Thomond Asset Management offers expert advice ... Read the full article
Jensten Group expands Scottish presence with Kelvin Smith Insurance acquisition
14th July 2026
Jensten Group, a UK insurance broking and financial services group, has agreed to acquire Glasgow-based broker Kelvin Smith Insurance, subject to regulatory approval. According to Jensten Group, the transaction forms part of its ongoing strategy to expand its regional presence and further develop its operations across Scotland. The acquisition will add 30 ... Read the full article
IAG submits remedy offer to ACCC regarding RACI acquisition
13th July 2026
Insurance Australia Group Limited (IAG) has submitted a package of proposed remedies to the Australian Competition and Consumer Commission (ACCC) in a bid to address the regulator’s competition concerns over its proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia. The transaction, announced ... Read the full article
UK P&I Club and TT Club secure 89%+ shareholder backing for Thomas Miller acquisition
13th July 2026
UK P&I Club and TT Club have secured shareholder acceptances exceeding 89% for their joint offer to acquire Thomas Miller Holdings, made on 18 June 2026 through TMH Bidco, a special-purpose vehicle established by the two clubs to facilitate the transaction. To support the transition process, two representatives of TMH Bidco ... Read the full article
ALKEME Insurance expands specialty programme capabilities
10th July 2026
ALKEME Insurance, a US insurance brokerage, has announced the acquisition of Virtue Risk Partners, a Pearl River, New York-based managing general agent (MGA) specialising in specialty insurance solutions. The MGA’s platform is designed to deliver tailored insurance products, risk management support and claims expertise to contractors, consultants and engineers throughout all ... Read the full article
European Commission approves Zurich’s acquisition of Beazley
9th July 2026
Under the EU Merger Regulation, the European Commission has approved the acquisition of sole control of London-headquartered specialist insurer Beazley by global insurer Zurich Insurance Group Ltd. The Commission concluded that the notified transaction would not raise competition concerns, given the companies' limited market positions. The notified transaction was examined under ... Read the full article
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