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.
European insurance M&A surges 20% in 2024: FTI Consulting
19th March 2025
A new report from FTI Consulting has revealed that European insurance mergers and acquisitions (M&A) remained robust in 2024, reaching a record 694 announced deals, a rise of over 20% from the 574 deals recorded in 2023. As per the report, Broker acquisitions remain a major trend, driven by organic growth ... Read the full article
VIG expands presence in Poland by investing in Phinance
19th March 2025
Vienna Insurance Group (VIG) is expanding its market presence in Poland with the acquisition of a 48.82% stake in Phinance, one of the country’s largest financial brokers. Phinance specialises in insurance sales, financial consulting, and the sale of investment and credit products. The acquisition was approved by the Polish Office for Competition ... Read the full article
Howden reported close to $10bn Risk Strategies deal, $30bn IPO on the cards
18th March 2025
Global insurance and reinsurance broker Howden is reportedly nearing a $10 billion binding agreement to acquire Risk Strategies, a move that could set the stage for a future stock market flotation valuing the company at over $30 billion, as per Sky News. Readers may recall that Bloomberg had previously reported ... Read the full article
Swiss Re agrees sale of Definity stake for CAD 655m
18th March 2025
Swiss Re, one of the world's largest reinsurance companies, has agreed to sell all of its 11,647,217 common shares in Canada's Definity Financial Corp. for approximately CAD 655 million. The common shares, which represent approximately 10.05% of the issued and outstanding common shares of Definity as of March 17th, 2025, are ... Read the full article
Allianz agrees €2.6bn sale of stake in Indian non-life & life JVs to Bajaj Group
17th March 2025
Global insurer Allianz has agreed to sell its 26% stake in Bajai Allianz General Insurance Company and Bajaj Allianz Life Insurance Company to the Bajaj Group for around €2.6 billion, bringing an end to the joint venture agreements between the German insurer and Bajaj Finserv Ltd., an Indian non-banking financial ... Read the full article
Ardonagh Advisory acquires Anderson & Co expanding UK north division
14th March 2025
Anderson & Co (Holdings) Limited (ACH) and its subsidiary Anderson & Co (Insurance Brokers) Limited (ACIB) have been acquired by Ardonagh Advisory, expanding its presence in the North of the UK. Blackpool-based brokerage Anderson & Co, established over five decades ago, specialises in commercial and personal lines.Since its launch, it has ... Read the full article
Five Bays Capital acquires Firezat to expand wildfire protection amid growing crisis
12th March 2025
Five Bays Capital, a private investment firm specialising in high-growth, mission-driven companies, has acquired Firezat, a leading provider of wildfire structure protection, as fires grow increasingly severe across California and other high-risk states. Founded in 2006, Firezat has supplied millions of square feet of its patent-pending aluminum-based Wildfire Ember Shields and ... Read the full article
PIB Group expands MGA division with acquisition of Litica
10th March 2025
PIB Group, a specialist insurance intermediary, has expanded its MGA division with the acquisition of Litica, a litigation insurance provider. Founded in 2019 by Stephen Bolster and Steve Ruffle, MGA Litica specialises in a range of insurance-backed solutions for private and corporate clients involved in litigation or arbitration. Originally established in London, ... Read the full article
Gallagher’s acquisition of AssuredPartners pushed back amid regulatory review
10th March 2025
Arthur J. Gallagher (AJG) has received a request for additional information as part of the Hart-Scott-Rodino (HSR) filing for its proposed acquisition of AssuredPartners, extending the transaction's closing date to the second half of 2025. For those unfamiliar, AJG entered into a definitive agreement in December last year to acquire ... Read the full article
FTP acquires Coastal Flood Underwriters
10th March 2025
Independent MGA and wholesale insurer FTP, INC. has acquired Coastal Flood Underwriters, LLC, a provider of flood insurance solutions. This acquisition aligns with FTP’s commitment to strengthen and deliver comprehensive and tailored flood insurance solutions. The move will also allow FTP to execute its long-term strategy of expanding its specialty insurance offerings ... Read the full article
A. J. Gallagher to acquire Woodruff Sawyer for $1.2bn
5th March 2025
Arthur J. Gallagher & Co. has signed a definitive agreement to acquire San Francisco, California-based Woodruff Sawyer for a consideration of $1.2 billion. Woodruff Sawyer provides a full suite of commercial property and casualty products, employee benefits solutions and risk management services with a focus on middle and large market clients. According ... Read the full article
Amwins acquires Community Association Insurance Solutions
5th March 2025
Amwins, a distributor of specialty insurance products and services, has acquired Community Association Insurance Solutions (CAIS), a Managing General Agent (MGA) and Programme Administrator specialising in insurance solutions for homeowners' associations, townhomes, condominiums, and planned unit developments. As per the terms, CAIS will continue its ongoing operations as part of Amwins ... Read the full article
Aon acquires Mitsubishi Chemical Group’s in house insurance business in Japan
4th March 2025
Global insurance and reinsurance broker Aon completed its acquisition of Mitsubishi Chemical Group's (MCG) in-house insurance agency business on March 1, 2025. The in-house insurance agency business operated as part of Dia Rix, the in-house business services provider to MCG group companies. Aon will provide corporate and personal lines insurance to MCG ... Read the full article
Marsh expands in Italy with FRT acquisition
4th March 2025
Insurance broker Marsh has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based insurance brokerage, as part of its growth strategy in Italy. Terms of the acquisition were not disclosed. FRT, a property and casualty insurance broker and risk consulting firm, was established in 1992 by the current partners and Giancarlo Fontana ... Read the full article
Optio Group acquires Norwegian MGA S Insurance
3rd March 2025
Optio Group (Optio), an independent specialty MGA, has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed amount, subject to regulatory approval. The acquisition strengthens Optio’s strategy of building a diverse and specialised MGA platform across Europe. It follows previous expansions, including the acquisitions of Netherlands- and Brussels-based MGA Den ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
