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.

Protective Life to acquire Abry Partners’ portfolio company

3rd November 2025

Private equity firm Abry Partners announced that its portfolio company, Portfolio Holding, Inc., has entered into an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. The transaction is expected to close in the ... Read the full article

Nippon Life completes acquisition of Resolution Life

31st October 2025

Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has confirmed the completion of its acquisition by Nippon Life Insurance Company, a Japanese life insurer. This follows the December 2024 announcement that Nippon Life had agreed to consolidate its ownership interest in Resolution Life ... Read the full article

Ryan Specialty to acquire Canadian MGU Stewart Specialty Risk Underwriting

31st October 2025

International specialty insurance firm, Ryan Specialty, has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU) specialising in underwriting large-account, high-hazard property and casualty solutions. According to the announcement, SSRU will become a part of the Ryan Specialty Underwriting Managers (RSUM) division ... Read the full article

Palomar to acquire The Gray Casualty & Surety Company for $300m

31st October 2025

Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treasury-listed surety carrier specialising in contract bonds for midsized and emerging contractors across ... Read the full article

AIG joins Convex’s new ownership structure led by Onex Corporation

30th October 2025

Convex Group Limited, the international specialty insurer and reinsurer, has announced a new long-term ownership structure in which Onex Corporation will take a leading 63% stake and AIG will become a strategic minority investor with a 35% equity interest. With the exception of management, Convex’s founding equity investors, including Onex’s Partners ... Read the full article

Starr to acquire IQUW Group

29th October 2025

Starr, the global investment and insurance company has entered into a definitive agreement to acquire IQUW Group, the specialty insurance and reinsurance organisation. The deal is expected to expand Starr’s underwriting capabilities and position the combined company for growth across a broader range of global market segments. IQUW Group operates two syndicates ... Read the full article

EPIC strengthens Private Client practice with Price Insurance acquisition

28th October 2025

EPIC Insurance Brokers & Consultants (EPIC), a national insurance brokerage and consulting firm, has announced the acquisition of Price Insurance, an independent agency providing comprehensive solutions for individuals, families, and businesses in the Chicago area. Founded in 1937, Price Insurance is a family-owned firm based in Lake Forest, Illinois, offering personal ... Read the full article

Wright Flood to acquire assets of Poulton Associates

24th October 2025

Wright National Flood Insurance Company (Wright Flood), a wholly owned subsidiary of Brown & Brown Inc. operating within Arrowhead Programs, has announced that its affiliate, Wright National Flood Insurance Services LLC, has entered into an agreement to acquire the assets of Poulton Associates LLC. Founded in 1989 and headquartered in Salt ... Read the full article

IAG raises FY26 guidance following RACQ Insurance acquisition

23rd October 2025

Australian insurer IAG has upgraded its FY26 guidance following the successful acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance business. IAG now expects FY26 gross written premium (GWP) growth of around 10%, up from its previous low-to-mid single-digit range, reflecting the inclusion of RACQ Insurance (RACQI) from 1st September ... Read the full article

FG Nexus to sell FG Reinsurance Division, Heise to serve as CEO

23rd October 2025

Fundamental Global Inc. (FG Nexus) has announced it has entered an agreement to sell a majority stake of its FG Reinsurance Division (FGRe) to Devondale Holdings LLC, led by industry veteran Tom Heise. This strategic transaction intends to position the new entity as a pioneer in tokenized reinsurance. The deal will see ... Read the full article

Peak Re secures KKR and Quadrantis Capital as new minority investors

21st October 2025

Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Limited (Peak Re), via Peak Reinsurance Holdings Limited. The transactions are expected to close in the fourth quarter ... Read the full article

Vienna Insurance Group to acquire NÜRNBERGER Beteiligungs-AG

21st October 2025

Vienna Insurance Group (VIG), an insurance group in Central and Eastern Europe, has signed a Business Combination Agreement with NÜRNBERGER Beteiligungs-AG. Under this agreement, VIG will make a voluntary public purchase offer to the shareholders of NÜRNBERGER, offering EUR 120.00 in cash per share. The proposed price represents a 173% premium over ... Read the full article

Fairfax sells interest in Eurolife’s life insurance business for €813m

15th October 2025

Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings S.A. under which Eurobank or one of its affiliates will acquire Fairfax’s 80% stake in the life insurance business of Eurolife FFH Insurance Group Holdings S.A. for a cash consideration of €813 million. Following the transaction, Eurolife’s ... Read the full article

Malibu Life enters agreement to acquire life and retirement solutions provider TruSpire

14th October 2025

Malibu Life Holdings Limited has entered into a definitive agreement to acquire TruSpire Retirement Insurance Company, a Texas-domiciled provider of life and retirement solutions, and wholly-owned subsidiary of Mutual of America Life Insurance Company. According to Malibu Life, its acquisition of TruSpire, which is licensed in 44 states, holds an AM ... Read the full article

Bishop Street Underwriters acquires London-based MGA Avid

7th October 2025

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Avid Insurance, a niche multi-disciplined managing general agent (MGA) based in London. This acquisition, closed on October 3, 2025, with all requisite regulatory approvals, marks the latest step in Bishop Street’s ongoing strategic expansion, following the acquisitions of Landmark ... Read the full article