Reinsurance News

Warburg Pincus

Permira and Warburg Pincus-led investor group acquires Clearwater for $8.4bn

22nd December 2025

Clearwater Analytics (CWAN) has agreed to be acquired by an investor group led by Permira and Warburg Pincus, with participation from Temasek, in a transaction valued at approximately $8.4 billion. The deal also has key support from Francisco Partners. Following a process that included engagement with strategic and financial sponsors, the ... Read the full article

South Korea’s DB Insurance to acquire Fortegra in $1.65bn deal

26th September 2025

DB Insurance Co., Ltd., the second largest non-life insurer in South Korea, is set to acquire 100% of the outstanding shares of The Fortegra Group, Inc., a US-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion) in cash, from Tiptree and Warburg Pincus. The takeover is expected to provide ... Read the full article

Warburg Pincus to acquire a majority stake in insurance broker Keystone

17th July 2025

Keystone, an insurance broker and agency network, announced that growth investor Warburg Pincus, will acquire a majority stake in the company. The private transaction’s financial details were not disclosed. According to the announcement, Bain Capital, which launched Keystone in 2020, will retain a minority ownership in Keystone through a new investment ... Read the full article

SRG acquired by Warburg Pincus and Temasek to fuel growth

21st May 2024

Insurance industry intermediary Specialist Risk Group (SRG) has announced its acquisition by Warburg Pincus and Temasek. This partnership with these investors aims to support SRG’s growth plans and strategy, with SRG’s management team retaining a significant stake in the company. SRG was founded in January 2020 under the leadership of Group CEO ... Read the full article

Prudential Financial and Warburg Pincus launch Prismic Life Re

8th September 2023

Prudential Financial, Inc. and Warburg Pincus have announced the launch of Prismic Life Reinsurance, Ltd, a licensed Class E Bermuda-based life and annuity reinsurance company. A group of global investors, along with Prudential and Warburg Pincus, have agreed to make an initial equity investment in the reinsurer of $1 billion. The two ... Read the full article

Warburg Pincus set to acquire K2 Insurance Services from Lee Equity Partners

1st December 2022

Leading independent specialty insurance program manager, K2 Insurance Services, has announced that Warburg Pincus, a leading global growth investor, has agreed to acquire the company from Lee Equity Partners, LLC, a growth oriented middle market private equity firm. The investment will support K2's continued growth strategy, which includes M&A and de-novo ... Read the full article