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.
Palomar completes acquisition of Gray Surety
3rd February 2026
Specialty property insurer Palomar Holdings, Inc. has completed the acquisition of The Gray Casualty & Surety Company (Gray Surety), a national surety carrier, and has also successfully closed new unsecured financing. The acquisition was initially announced in October 2025, with Palomar agreeing to acquire Gray Surety from Bernhard ... Read the full article
Optio strengthens Scandinavian presence with AGS acquisition
2nd February 2026
Optio Group, a specialty managing general agent (MGA), has announced that it has acquired AGS Forsikring AS (AGS). Founded in 2008 by Lars-Petter Myklebost and headquartered in Oslo, AGS provides insurance solutions and claims handling across the energy, sport and fine art sectors. The MGA manages personal accident claims for Scandinavian ... Read the full article
Radian completes $1.67bn acquisition of Lloyd’s syndicate Inigo
2nd February 2026
Radian Group Inc. has completed its previously announced acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London, for $1.67 billion. The acquisition, which received all required regulatory approvals at the end of last year, will reportedly transform Radian from a leading U.S. private mortgage insurer ... Read the full article
Arthur J. Gallagher acquires Germany-based Reck & Co
2nd February 2026
Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, has announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Reck & Co GmbH (Reck & Co.). Based in Bremen, Germany, Reck & Co. is a specialist provider of global transport and ... Read the full article
K2 International acquires Rising Edge’s Management Liability business
2nd February 2026
Insurance services holding company, K2 Insurance services, is expanding its financial lines capabilities with the acquisition of the Management Liability Underwriting business of specialty insurer Rising Edge. The acquired team will be integrated into K2 Group Holdings Limited (K2 International) and operate as a newly rebranded division, K2 Executive Risk Limited. Yoel ... Read the full article
Howden acquires Channel Islands-based retail insurance broker PIBL
28th January 2026
Howden, a global insurance and reinsurance broking group, has acquired Polygon Insurance Brokers Limited (PIBL) a retail insurance broker based in the Channel Islands. The transaction is subject to regulatory approvals. With acquisition, Howden expands presence in the Channel Islands, having the ability to serve clients in Jersey and Guernsey. PIBL, formerly ... Read the full article
WTW completes $1.3bn acquisition of Newfront
28th January 2026
Global insurance and reinsurance broking group WTW has completed the acquisition of San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting to $1.3 billion, as reported previously. This acquisition expands WTW’s US middle market capabilities and enhances ... Read the full article
AUB expands in UK retail insurance market with Prestige Insurance acquisition
27th January 2026
AUB Group Limited has agreed to acquire a majority stake in Prestige Insurance, positioning Prestige as its flagship UK retail broking platform to consolidate Tysers’ Retail portfolios, drive AUB’s Retail MGA strategy, and accelerate its UK footprint alongside existing investments in Movo and Momentum AR networks. Prestige Insurance is an insurance ... Read the full article
Assured Guaranty expands into annuity reinsurance through Warwick Re acquisition
22nd January 2026
Assured Guaranty Ltd. (AGL), an insurance holding company, together with its subsidiaries operating under the Assured Guaranty name, announced that it has entered the annuity reinsurance market with the acquisition of Warwick Re Limited (Warwick Re), a Bermuda-domiciled life and annuity reinsurer, following the transaction, the company has rebranded the ... Read the full article
Beazley rejects latest Zurich proposal on the basis it ‘materially undervalues’ the firm
22nd January 2026
Specialist insurer Beazley has confirmed that its Board of Directors has unanimously rejected Zurich's cash proposal of 1,280 pence per share, stating that it "materially undervalues Beazley and its longer-term prospects as an independent company." The decision from Beazley comes after a detailed evaluation of the January 19th proposal by ... Read the full article
Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation
21st January 2026
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article
Optio strengthens position in Italian MGA market with Heca acquisition
20th January 2026
Optio Group, a specialty managing general agent (MGA), has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca); financial details were not disclosed. This transaction gives Optio full ownership of Heca, further strengthening its position in the Italian MGA market. The MGA’s initial investment in Heca was announced in ... Read the full article
Gryphon to acquire specialty commercial lines carrier PrimeOne
20th January 2026
Gryphon Holdings, an insurance and financial services solutions innovator, has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier, in an undisclosed transaction. PrimeOne is a specialty property and casualty insurer focused on partnering with program administrators and managing general agents in select ... Read the full article
Zurich submits improved proposal to acquire 100% of specialist insurer Beazley
19th January 2026
Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter's Board rejected a previous proposal they felt significantly undervalued the firm. On January 4th, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley share to ... Read the full article
United Risk to acquire DUAL North America’s Crisis Management Program
14th January 2026
Hayden Smith, CEO of United Risk, an international property and casualty insurance underwriting and distribution platform, has announced that the company has signed an agreement to acquire DUAL North America’s Crisis Management program and underwriting team. Once acquired, the unit will be renamed First Product Protection and will operate as an ... Read the full article
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