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.
Ageas acquires remaining stake in AG Insurance from BNP Paribas Fortis
8th December 2025
International insurance group Ageas has acquired the remaining 25% stake in its Belgian subsidiary, AG Insurance, from BNP Paribas Fortis for a total consideration of €1.9 billion. With this transaction, which is expected to close in Q2’26, Ageas will become the sole owner of AG, a Belgian insurer operating across multiple ... Read the full article
Mitsui Sumitomo Insurance acquires at least 12.5% of W. R. Berkley shares
5th December 2025
Mitsui Sumitomo Insurance Co., Ltd. (MSI), a Japanese property and casualty (P&C) insurance carrier, has acquired beneficial ownership of at least 12.5% of W. R. Berkley Corporation’s common stock. This move follows MSI's agreements with the Berkley Family, which includes a company and trusts owned by Berkley family members. None of ... Read the full article
Marco Capital acquires Stewart Title Europe
4th December 2025
Marco Capital Holdings Limited, a European property and casualty (P&C) insurance run-off group, has acquired Stewart Title Europe Limited, which has been in run-off since the start of 2025. Marco Capital provides reinsurance and finality solutions to re/insurance carriers and corporates to optimise balance sheet efficiency, operational management, and to achieve ... Read the full article
Skyward Specialty secures regulatory approval to acquire Apollo
4th December 2025
Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders' approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited. As announced in September 2025, the transaction is expected to close early in the first quarter of 2026, subject to final ... Read the full article
Tiptree shareholders approve sale of Fortegra to DB Insurance
4th December 2025
Tiptree has announced that its shareholders have approved the previously disclosed agreement for DB Insurance Co., Ltd. to acquire all outstanding shares of The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree, at the company’s Special Meeting of Shareholders. Initially announced in September 2025, DB Insurance is ... Read the full article
Ryan Specialty completes acquisition of Canadian MGU SSRU
4th December 2025
Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazard property and casualty solutions, will now operate within the Ryan Specialty Underwriting Managers (RSUM) division. The transaction, originally announced on October ... Read the full article
Bridgehaven completes acquisition of SureStone
3rd December 2025
UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the hybrid insurer anticipating it will be key to strengthening its expanding network of MGA partners throughout ... Read the full article
Marsh McLennan Agency acquires three Hawai‘i-based insurance brokerages
3rd December 2025
Marsh McLennan Agency (MMA), part of global insurance and reinsurance brokerage Marsh McLennan, has acquired three privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. The brokerages include Atlas Insurance Agency (Atlas), Pyramid Insurance Centre (Pyramid), and IC International (IC), which together have built a leading ... 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
Gallagher Re to acquire South African reinsurance broker Resilea
1st December 2025
Gallagher Re, the reinsurance arm of the global broking group, has agreed to acquire the largest independent reinsurance broker in South Africa, Resilea (Pty) Ltd. The reinsurance broker expects the Resilea team to bring a greater level of scale and strength to itself and its clients. Iain Macindoe, previously Chief Executive Officer ... Read the full article
Private equity investors end acquisition talks with AUB
1st December 2025
Private equity investors EQT and CVC (together, the Consortium) have notified AUB Group that they will not proceed with a binding A$45-per-share scheme proposal to acquire 100% of the business, and both sides have therefore agreed to end discussions. The update follows EQT’s disclosure on 9 November 2025 that it had ... Read the full article
UK P&I Club and TT Club target growth and stability with proposed merger
1st December 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they are currently engaged in discussions regarding a potential merger. The Clubs have worked closely ... Read the full article
Piraeus completes acquisition of Ethniki Insurance
27th November 2025
Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VII and the National Bank of Greece. This follows the announcement in February 2025, when Piraeus ... Read the full article
Tokio Marine to enhance specialty offerings in US agricultural sector with CIH acquisition
26th November 2025
Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners. Based in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price ... Read the full article
HBC Group expands into Nordics with Danish agency DUAN acquisition
25th November 2025
HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a Danish underwriting agency based in Copenhagen, was founded in 2017 and has quickly established itself as ... Read the full article





