Reinsurance News
The Baldwin Group
The Baldwin Group appoints CAC’s Paul Sparks to its Board of Directors
13th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the appointment of Paul Sparks, Executive Chairman of CAC Group, to its Board of Directors, effective January 1st 2026. The appointment follows the recently completed merger between The Baldwin Group and specialty insurance brokerage CAC Group, comprising CAC ... Read the full article
The Baldwin Group acquires Philadelphia-based Capstone
9th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the completion of its acquisition of Capstone Group, a full-service, multi-line independent insurance brokerage headquartered in the Philadelphia area. Founded in 2013, Capstone Group provides independent risk management, insurance brokerage, and employee benefits consulting services. It specialises in risk ... Read the full article
The Baldwin Group and CAC complete merger worth $1.03bn
5th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have completed the previously announced merger, with a total upfront consideration of $1.026 billion. To recap, this merger is expected to create one of ... Read the full article
The Baldwin Group and CAC to merge for $1.03bn
3rd December 2025
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total upfront consideration of $1.026 billion. The transaction, which is expected to close in the ... Read the full article
Baldwin Group names Valerio as COO, Insurance Advisory Solutions
7th November 2025
The Baldwin Group, an independent insurance distribution firm, has appointed Joe Valerio as Chief Operating Officer (COO) of Insurance Advisory Solutions (IAS), the firm’s retail property and casualty and employee benefits brokerage business. In his new role, Valerio will drive IAS’ operational excellence and vanguard client experience outcomes. He will report to ... Read the full article
The Baldwin Group’s Q3’25 total revenue grows to $365.4m
5th November 2025
The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the third quarter of 2025, reporting total revenue growth of 8% year-over-year despite a net loss of $30.2 million. The company’s total revenue stood at $365.4 million; organic revenue saw a 5% year-over-year increase. Year-to-date total revenue ... Read the full article
Property re/insurance continues to soften as casualty faces persistent uncertainty: The Baldwin Group
3rd November 2025
The commercial property insurance market is experiencing continued softening, while casualty lines face broad uncertainty, The Baldwin Group’s recent Q3 2025 Market Pulse report has revealed. The report points at renewed competition, improving capacity, and more flexible structures for well-differentiated risks as key drivers for property market softening. At the same time, ... Read the full article
The Baldwin Group’s total revenue grows to $378.8m in Q2’25
6th August 2025
The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the second quarter of 2025, reporting total revenue growth of 11% year-over-year despite a net loss of $5.1 million. The company’s total revenue stood at $378.8 million for Q2 2025, which compares to the $339.8 million reported ... Read the full article
Commercial property rates flatline while liability costs climb: The Baldwin Group
31st July 2025
The Baldwin Group, an insurance brokerage and advisory firm, has released its Q2 2025 Market Pulse Report, providing a clear view into a commercial insurance market that is becoming increasingly divided. According to the report, stability and renewed competition are returning to commercial property insurance, while casualty lines—particularly those influenced by ... Read the full article
The Baldwin Group’s Westwood to acquire Hippo’s homebuilder distribution network
12th June 2025
The Baldwin Group has announced that its indirect subsidiary, Westwood Insurance Agency LLC, has entered into an agreement to acquire the homebuilder distribution network from Hippo Holdings, Inc. and its affiliates, expected to close on or around July 1st, 2025. Westwood will acquire all outstanding equity interests of the entities comprising ... Read the full article
The Baldwin Group total revenue up 9% to $413.4m in Q1’25
7th May 2025
Independent insurance distribution firm, The Baldwin Group, has reported total revenue growth of 9% to $413.4 million for the first quarter of 2025 compared to $380.3 million last year, reflecting organic revenue growth of 10%. Total GAAP net income in Q1’25 hit $24.9 million, with GAAP diluted earnings per share of ... Read the full article
The Baldwin Group signs $110m note purchase agreement for insurance exchange
26th March 2025
The Baldwin Group's reciprocal insurance exchange, Builder Reciprocal Insurance Exchange (BRIE), has entered into a note purchase agreement to raise $110 million of surplus financing through the issuance of surplus debentures (the notes). BRIE, Baldwin's soon-to-launch reciprocal insurance exchange, will reportedly focus on providing capacity for the firm's builder-sourced homeowners book ... Read the full article
Baldwin Group bolsters Insurance Advisory Solutions with two appointments
10th March 2025
The Baldwin Group has strengthened its Insurance/Advisory Solutions (IAS) division with the appointment of Leslie Nylund as National Managing Director for Broking and Insurance Company Partnerships, and Matt Kashdin as National Director of Client Engagement. The two appointments align with the group’s focus to deepen client solutions and firm-wide execution of ... Read the full article
The Baldwin Group reports total revenue growth of 16% to $330m in Q4’24
6th March 2025
Independent insurance distribution firm, The Baldwin Group, has posted fourth quarter 2024 total revenue growth of 16% to $329.9 million, reflecting organic revenue growth of 19%, as the firm's reported full year total revenue growth of 14% and organic revenue growth of 17%. Full year 2024 total revenues amounted to $1.4 ... Read the full article
Juniper Re enters London market, appoints Nick Hawke Head of Office
16th January 2025
Juniper Re, the specialist reinsurance broking arm of The Baldwin Group, has announced its entry into the London market and the appointment of industry veteran Nick Hawke as Head of Office. Leveraging his extensive four decades of reinsurance expertise in the London market, Hawke has been hired to lead Juniper Re's ... Read the full article
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