Gallagher Acquires U.K. Commercial Broker
Insurance broker Gallagher announced the acquisition of a U.K.-based commercial brokerage, expanding its presence in the British market. Financial terms were not disclosed.
Zurich Closes $150M Catastrophe Bond for U.S. Storms and Earthquakes
Zurich has closed a $150 million catastrophe bond (Turicum Re Ltd. Series 2026-1) covering U.S. named storms and earthquakes, marking its return to the insurance-linked securities market since 2012. The bond was fully placed at target capacity and below guidance...
Novacore Secures Collateralized Reinsurance Sidecar Backed by New Mountain Capital
Novacore, an independent managing general agent, has launched a collateralized reinsurance sidecar, NovaRe, backed by New Mountain Capital to provide multi‑year capacity for its specialty property and casualty programs. The sidecar will supply capital to support Novacore’s growth while preserving...
Howden to Acquire Hymans Robertson’s Insurance and Financial Services Consulting Team
Howden, a global insurance intermediary, announced it has agreed to acquire the Insurance and Financial Services Consulting Team of Hymans Robertson LLP, creating Howden Insurance Actuarial & Longevity (Howden IAL). The deal, expected to close in spring 2026, expands Howden’s...
Kairos Risk Solutions Acquires Molto Re to Expand North America Presence
Singapore-based boutique consultancy Kairos Risk Solutions announced the acquisition of reinsurance specialist Molto Re, bolstering its North American risk advisory capabilities. The deal, which also sees Josh Madson appointed Managing Director for North America, aims to leverage AI-driven solutions and...
Starr Completes Acquisition of IQUW Group, Expanding Specialty Re/Insurance Platform
Starr has completed its acquisition of IQUW Group, creating a broader specialty re/insurance platform with expanded capabilities in London, Bermuda, and UK retail motor. The deal makes Starr’s managing agency the ninth‑largest at Lloyd’s and integrates IQUW’s syndicates into the...
Balavant's Sentric Specialty Acquires Renewal Rights to Beazley's Product Recall Book
Balavant Insurance Group launched Sentric Specialty, a new program manager backed by Hudson Insurance Group. As part of the launch, Sentric acquired the renewal rights to Beazley's product recall book of business, giving it immediate scale in the specialty insurance...
Accelerant Upsizes Flywheel Re Reinsurance Sidecar, Extends Term to 2028
Accelerant Holdings announced an upsizing and term extension of its Flywheel Re collateralized reinsurance sidecar in March 2026. Existing investors increased their commitments and new investors joined, raising additional capital, though the amount was not disclosed. The sidecar now supports...
Plymouth Rock Secures $100M Cat Bond From Tremont Re Series 2026-1
Plymouth Rock, a regional insurer, has secured $100 million in named storm reinsurance protection through its debut catastrophe bond, the Tremont Re Series 2026-1, priced about 16% below the mid‑point of initial guidance. The fully‑collateralized cat bond provides coverage over...
Specialty Program Group Acquires Proper Insurance to Expand Specialty Property Insurance Platform
Specialty Program Group (SPG) announced it has acquired Proper Insurance, a provider of short‑term rental property insurance. The acquisition expands SPG’s specialty property insurance platform and adds Proper’s coverage across all 50 U.S. states. Michael Grimland, former director of operations...
Beazley Reaches Agreement to Acquire US Renewable Energy MGA kWh Analytics
London‑based specialty insurer Beazley announced it has reached an agreement to acquire US renewable‑energy MGA kWh Analytics, which will be integrated into its MAP Risks team. The acquisition aims to boost Beazley’s scale and capabilities in modeling, underwriting and risk...
Zurich Insurance Group to Acquire Generali's RedClick Unit for €337 Million
Zurich Insurance Group AG announced it will acquire the RedClick unit of Assicurazioni Generali SpA for €337 million in cash, expanding its non‑life insurance footprint in Ireland. The deal, disclosed on March 9, 2026, will make Zurich a top‑three provider...
Hannover Re's Kaith Re Ltd. Issues $35M Cumulus Re Parametric Cloud Outage Cat Bond
Hannover Re, via its Bermuda‑based vehicle Kaith Re Ltd., has completed the issuance of a $35 million Cumulus Re Series 2026‑1 parametric cloud‑outage catastrophe bond, the largest in the program to date. The privately placed zero‑coupon notes were issued at 93 % of...
Athora Raises €3.5bn Equity to Fund PICG Acquisition
European savings and retirement services group Athora secured €3.5bn of common equity commitments from investors, primarily to fund its approved acquisition of Pension Insurance Corporation Group (PICG). The capital raise, announced on March 6, 2026, is the largest equity raise...
SageSure and Auros Complete $175M US Multi-Peril Catastrophe Bond Issuance
SageSure and Auros Reciprocal Insurance Exchange have completed the $175 million Gateway Re Ltd. Series 2026-2 catastrophe bond, providing multi‑peril coverage across six US states. Swiss Re Capital Markets Corporation acted as sole structuring agent and bookrunner. The issuance adds...
NFP Acquires Trinity Risk Advisors to Launch Group Captive Practice
NFP, an Aon company, announced the acquisition of Trinity Risk Advisors, a Charlotte-based brokerage, to establish a property and casualty group captive practice serving small and midsize companies.
SPG Acquires Logistiq Insurance Solutions to Merge with Anova Marine Insurance
Specialty Program Group (SPG) LLC announced the acquisition of Logistiq Insurance Solutions, merging it with its previously acquired Anova Marine Insurance to form a unified cargo and logistics platform. The combined entity will offer comprehensive marine and transportation insurance coverage...
Arthur J. Gallagher & Co. Acquires Krose GmbH & Co. KG
Insurance broker Arthur J. Gallagher & Co. announced the acquisition of German brokerage Krose GmbH & Co. KG, a Bremen-based firm specializing in commercial insurance and reinsurance. Deal terms were not disclosed.
Heritage Insurance Targets $250M in New Citrus Re 2026-1 Catastrophe Bond
Heritage Insurance Holdings, Inc. is returning to the catastrophe bond market with a target of at least $250 million in collateralized US named‑storm reinsurance through the issuance of Citrus Re Ltd. Series 2026‑1. The SPV will issue a $100 million Class A tranche and...
Bowhead Specialty Holdings Issues $150M Senior Unsecured Notes
Bowhead Specialty Holdings announced the issuance of $150 million 7.75% senior unsecured notes due 2030, disclosed during its Q4 2025 earnings call. The debt financing is intended to meet the company's year‑end 2026 regulatory capital requirements and support its growth...
Vistria Group, LP Acquires Lumen Holdings, LLC to Expand Specialty MGA Platform
Vistria Group, LP, a middle‑market private investment firm, announced the acquisition of Lumen Holdings, LLC, a technology‑enabled managing general agent based in Dallas. The deal adds Lumen as a platform investment within Vistria’s Financial Services strategy, leveraging its digital underwriting...
Ancient Financial to Acquire Bermuda‑Based Reinsurer F&G Re
Ancient Financial, a newly launched life and annuity reinsurance and asset management firm, announced a definitive agreement to acquire Bermuda‑based reinsurer F&G Re from a subsidiary of F&G Annuities & Life. The acquisition will rename the business Ancient Re and...
Onex Takes 63% Controlling Stake in Convex, AIG Acquires 35% Minority Stake
Onex Corporation acquired a 63% controlling stake in specialty reinsurer Convex, while AIG purchased a roughly 35% minority stake, completing the transaction earlier this month. The deal, valued at an undisclosed amount, reshapes Convex’s ownership structure and positions the firm...
Slide Insurance Company Secures $320M Cat Bond Issuance in Purple Re 2026-1
Slide Insurance Company has priced its new Purple Re Ltd. (Series 2026-1) catastrophe bond, upsizing the issuance to $320 million of fully-collateralized reinsurance. The Bermuda‑based special purpose insurer Purple Re Ltd. will issue the notes at a 6.5% risk interest spread,...
Swiss Re to Acquire QBE's Global Trade Credit and Surety Business
Swiss Re Corporate Solutions announced on Feb. 20, 2026 that it will acquire QBE Insurance Group's global trade credit and surety business, which generates about $200 million in annual revenue. The terms of the transaction were not disclosed, and regulatory approvals...
PicPay Files to Acquire Brazil Insurer Kovr Seguradora
Brazilian fintech PicPay, part of J&F Group, has filed a request with the antitrust regulator CADE to acquire insurance provider Kovr Seguradora, aiming to expand into insurance, capitalisation products and private pensions. The transaction value was not disclosed and still...
Inszone Acquires Texas‑Based Scarbrough, Medlin & Associates
Inszone, a leading insurance technology platform, announced the acquisition of Texas‑based brokerage Scarbrough, Medlin & Associates. The transaction expands Inszone’s presence in the Texas market and broadens its service capabilities. Financial terms were not disclosed.
Radian Group Acquires Inigo for $1.67B
Radian Group announced the closing of its acquisition of Inigo, a specialty insurer underwritten through Lloyd's of London, for a purchase price of $1.67 billion. The deal was funded entirely with internal liquidity and excess capital, with no new equity issued,...
Ardonagh Group Acquires Majority Stake in Hong Kong Broker RMIB
Ardonagh Group, a global independent insurance broker, announced the acquisition of a majority stake in Hong Kong-based Risk Management Insurance Brokerage Limited (RMIB). The deal expands Ardonagh’s presence in Asia, strengthening its employee benefits and specialist risk advisory capabilities. RMIB’s...
Continental General Insurance Acquires 91,000 Policies From Guaranty Associations
Austin-based Continental General Insurance Company announced the acquisition of approximately 91,000 final expense, life, annuity, and accident & health policies from the state life and health insurance guaranty associations. The transaction, effective Jan. 1, 2026, expands Continental General’s portfolio and...
Chesnara to Acquire Scottish Widows Europe
UK consolidator Chesnara announced it will acquire Scottish Widows Europe, a Luxembourg-based closed life business, expanding its presence in the European insurance market.
Generali Employee Benefits Network to Acquire Swiss Life Network, Creating World’s Largest EB Network
Generali Group and Swiss Life Global Solutions announced a long‑term commercial partnership that includes Generali Employee Benefits (GEB) Network’s planned acquisition of Swiss Life Network (SLN). The combined entity will manage over €3 billion in premiums, forming the largest employee benefits...