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.
Miller to acquire Dubai-based reinsurance broker Shields
27th February 2026
Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly complementary to its re/insurance strategy and broader multinational expansion, further strengthening its established footprint across the EMEA market. The ... Read the full article
Gallagher strengthens European footprint with German broker KROSE acquisition
26th February 2026
Gallagher, a global insurance broking and risk management company, has acquired KROSE GmbH & Co KG, a German commercial insurance and reinsurance solutions provider, in an undisclosed transaction. KROSE, headquartered in Bremen, was established in 1920 and partners with large blue-chip clients across Germany. It specialises in the design and placement ... Read the full article
Sompo completes Aspen acquisition
24th February 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has successfully completed the acquisition of Aspen Insurance Holdings Limited through the purchase of 100% of the issued Class A ordinary shares of Aspen. The closing follows the initial $3.5 billion deal announced in August 2025. Mikio Okumura, Sompo Group CEO, ... Read the full article
B.P. Marsh views sustained M&A wave as strategic opportunity
24th February 2026
B.P. Marsh & Partners, the specialist venture capital investor in early-stage financial services businesses, has suggested it sees ongoing mergers & acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in respect of new investments, following a strong financial year ended 31 January 2026. B.P. Marsh ... Read the full article
Zurich Australia expands in life insurance market with ClearView acquisition
24th February 2026
Zurich Financial Services Australia (Zurich) has entered an agreement to acquire ClearView Wealth Limited (ClearView) via a scheme of arrangement. The transaction bases ClearView's equity value at approximately AUD 415 million. Zurich Australia confirmed that the proposed acquisition has received the unanimous recommendation of ClearView Directors. The implementation of the proposed acquisition ... Read the full article
Vistria to capitalise growth in specialty MGA market with Lumen acquisition
23rd February 2026
Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article
Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit
20th February 2026
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months. The business unit being acquired by Swiss Re operates across Australia, New Zealand, and ... Read the full article
BayPine to acquire US independent insurance broker Relation for AI-driven expansion
18th February 2026
BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement, Relation’s management team, including Chief Executive Officer Tim Hall, will continue to lead the company. BayPine’s investment is ... Read the full article
Sompo gets regulatory approvals for $3.5bn Aspen acquisition
18th February 2026
Sompo Holdings, Inc. has reportedly received the necessary antitrust and insurance regulatory approvals required to complete its acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings Ltd. (SIH). In August last year, SIH agreed to acquire all ... Read the full article
Talanx acquires remaining shares in Polish subsidiaries from Meiji Yasuda
18th February 2026
Following the mutually agreed-upon expiration of their strategic partnership on December 31, 2025, Talanx AG, a major German-based multinational insurance and reinsurance group, has acquired the shares held by Meiji Yasuda Life Insurance Company in their Polish joint ventures. Talanx exercised its purchase options on the shares held by the Japanese ... Read the full article
Ardonagh Group acquires majority stake in Hong Kong based broker, RMIB
17th February 2026
The Ardonagh Group, a global independent insurance broker, has acquired a majority stake in Risk Management Insurance Brokerage Limited (RMIB), a Hong Kong-based specialist insurance brokerage. The move aligns with the group's long-term plan to strengthen its capabilities in employee benefits and specialist risk advisory in the region RMIB will join Ardonagh’s ... Read the full article
European insurance M&A to accelerate in 2026: Fitch
17th February 2026
A new report from Fitch Ratings has suggested that M&A activity among European insurers is likely to accelerate in 2026, as softer pricing and stable interest rates constrain organic growth and limit margin expansion. The rating agency said acquisitions could enhance business profiles through greater diversification and stronger competitive positioning. However, these ... Read the full article
Zurich granted extension of PUSU deadline for Beazley proposal
16th February 2026
The two insurers reached an agreement on the key financial terms of a possible recommended cash offer for Zurich to acquire 100% of Beazley on February 4th, and Zurich has now been granted an extension of the PUSU deadline by more than two weeks. The ‘Put up or Shut up’ (PUSU) ... Read the full article
Enstar to acquire AF Group from Blue Cross
13th February 2026
Enstar, a global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. (AF Group) from Blue Cross Blue Shield of Michigan. The transaction is expected to be ... Read the full article
Admiral Group to broaden its motor offering with Flock acquisition
13th February 2026
Admiral Group, an UK-based insurance company, has reached an agreement to acquire Flock, a digital commercial fleet insurance provider. Valued at £80 million, the acquisition, subject to regulatory approval, gives Admiral access to Flock’s innovative telemetry technology, which tracks vehicle data in real time. Flock’s digital platform uses proprietary AI-driven risk models ... Read the full article
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