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.

White Mountains to acquire 50% stake in Distinguished Programs

7th July 2025

White Mountains Insurance Group has agreed to acquire a majority stake in Distinguished Programs, an MGA and program administrator for specialty property & casualty insurance, for $230 million. White Mountains, which currently owns approximately 1% of Distinguished's outstanding equity interests, will acquire an additional 50% in a transaction expected to close ... Read the full article

European and Asia Pacific dealmakers lead global M&A gains amidst ongoing US decline: WTW

7th July 2025

Europe and Asia Pacific have emerged as the leading regions for mergers and acquisitions (M&A) in the first half of 2025, according to new research from WTW, an advisory, broking, and solutions company. WTW’s Quarterly Deal Performance Monitor (QDPM), produced in partnership with the M&A Research Centre at Bayes Business School, ... Read the full article

Allstate completes $1.25bn sale of Group Health business to Nationwide

4th July 2025

US primary insurer The Allstate Corporation has completed the previously announced sale of its Group Health business to Nationwide for $1.25 billion, with the transaction closing per the terms of the agreement executed on January 30th, 2025. Nationwide stated that this acquisition will serve as a foundation for its ongoing ... Read the full article

Athora to acquire Pension Insurance Corporation for £5.7bn

3rd July 2025

Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a specialist insurer of UK defined benefit pension schemes, for approximately £5.7 billion. Athora has €76 billion of assets under management and administration, on behalf of ... Read the full article

Zurich expands cyber capabilities with acquisition of BOXX Insurance

3rd July 2025

Global insurer Zurich Insurance Group has  entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set to boost Zurich’s cyber protection capabilities, allowing it to provide retail and SME cyber insurance ... Read the full article

Ardonagh acquires majority stake in Hong Kong’s Apex Insurance

3rd July 2025

The Ardonagh Group has acquired a majority stake in Apex Insurance (Holdings) Limited in Hong Kong. The move strengthens Ardonagh’s footprint in the region, as it will operate Apex alongside PSC’s Hong Kong operations, PSC HK Insurance Group (PSC HK). The acquisition also aims to deepen Ardonagh’s in-market expertise through Apex’s ... Read the full article

Bishop Street enters personal aviation insurance market with AIM’s acquisition

3rd July 2025

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial, in an undisclosed transaction. This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded portfolio of specialized client ... Read the full article

Relation Insurance acquires entertainment specialist Albert G. Ruben

3rd July 2025

Relation Insurance Services (Relation), an insurance brokerage firm, has announced its acquisition of Albert G. Ruben, a pioneer in Hollywood and the global entertainment industry known for delivering specialised insurance services to major film studios, independent production companies, Broadway productions, and multinational corporations. The acquisition preserves the Albert G. Ruben name ... Read the full article

Sixth Street completes $5.1bn acquisition of Enstar

2nd July 2025

Global legacy re/insurance specialist Enstar Group Limited has announced the completion of its acquisition by investment firm Sixth Street for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. The acquisition was initially announced in July 2024, with Liberty Strategic Capital, J.C. Flowers & Co. ... Read the full article

Howden acquires majority stake in Japanese retail broker Holos

2nd July 2025

Howden, the global insurance and reinsurance broking group, has acquired a majority stake (68.3%) in Holos Holdings Co., Ltd. (Holos), a Kyoto-headquartered retail insurance broker. Founded in 2001 by Kei Horii, Holos is a privately owned retail insurance broker with over 400 employees across 20 locations in Japan. The acquisition marks a ... Read the full article

BMS expands in Australia with acquisition of Corporate and Commercial Insurance Brokers

1st July 2025

The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global presence with the acquisition of Queensland-based Corporate and Commercial Insurance Brokers. Founded in 2006, Corporate and Commercial Insurance Brokers is a property broker providing risk management advice and insurance broking services to large, privately owned organisations. According to the ... Read the full article

Munich Re’s ERGO completes full acquisition of NEXT Insurance

1st July 2025

Munich Re Group has finalised the acquisition of NEXT Insurance, integrating it into the management structure of ERGO Group AG, its major primary insurance business. The transaction, announced earlier in the year, was completed with the companies successfully meeting all conditions, obtaining the necessary regulatory approvals, as scheduled. This acquisition marks ERGO’s ... Read the full article

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