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.
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
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





