AXERIA IARD acquired by WATFORD

Axa acquired a 51% stake in Prima Assicurazioni for EUR500 million. The deal includes put/call options for the remaining 49% based on future earnings. This strategic move allows Axa to double its motor insurance footprint in Italy and leverage Prima's best-in-class digital distribution technology.

Palomar Holdings acquired 100% of The Gray Casualty & Surety Company from Bernhard Capital Partners. The acquisition is a transformative step for Palomar's surety franchise, significantly increasing its market share and geographic reach. For BCP, the sale represents a successful exit from its 2021 investment, following an operational scaling of the business. Gray Surety's leadership, including President Cullen Piske, joined Palomar to lead the expanded surety operations.

The acquisition of Viridium Group by a consortium including Allianz, BlackRock, and T&D Holdings is a strategic move to strengthen the position of these companies in the European life insurance market. The transaction is expected to provide Viridium with a financially secure future, while enabling the consortium members to capitalize on growth opportunities in the fragmented European life insurance market. The deal is subject to regulatory and merger-control approvals, and is expected to close in the second half of 2025

The acquisition of Doma Holdings by Title Resources Group (TRG) represents a landmark consolidation in the U.S. title insurance market. A unique strategic component of the deal involves the separation of Doma’s assets: Doma’s underwriting division (DTI) becomes a wholly owned subsidiary of TRG, while its technology division (Doma TechCo) will operate as a separately capitalized sister company. Centerbridge Partners remains the largest shareholder of TRG and becomes the majority owner of Doma TechCo

The acquisition of Julia Assurance by Santiane marks a strategic move by the latter to diversify its services and expand its market footprint. By partnering with Julia Assurance, Santiane aims to strengthen its position in the French insurance market and capitalize on the growing demand for loan insurance. The deal is part of Santiane's external growth operation, which involves acquiring and integrating complementary businesses to enhance its offerings and increase its market share. The acquisition is expected to generate synergies and accelerate growth, with the two companies pooling their resources and expertise to create a market leader

The fifth LBO of Texa represents a major turning point in the organization's trajectory, signaling a shift toward industrialized claims management and real estate services. The strategic rationale for this transaction centers on an "external-growth" play, merging the group’s industry-leading technical operational depth in loss adjustment with the sponsor’s extensive expertise in executing high-velocity build-up strategies. This structural alignment provides the organization with the institutional capital and strategic hardware required to address the increasing complexity of the property and casualty insurance market

EXOR S.p.A. announced a firm and definitive offer to acquire all outstanding common shares of PartnerRe Ltd. at $137.50 per share, which represents a 10% premium to the implied value of $125.17 per PartnerRe share. EXOR's firm offer is not subject to due diligence and is not conditioned on financing. EXOR is now PartnerRe's largest shareholder, with a 9.32% stake in the company.

The acquisition of Skandia Germany and Austria by Heidelberger Leben is a strategic move to consolidate the German life insurance market and create a strong platform for future growth. The deal is expected to drive significant synergies and cost savings, and it will provide Heidelberger Leben with a significant increase in scale and presence in the German and Austrian markets. The combination of Heidelberger Leben and Skandia Germany and Austria will create a strong basis for further consolidation, with approximately €10 billion assets under management and approximately one million policies

Cinven has announced the acquisition of a majority stake in Heidelberger Leben, a specialist provider of life and retirement insurance products in Germany. This acquisition will create the first consolidation platform for life insurance portfolios in Germany. Heidelberger Leben will be acquired from Lloyds Banking Group for a total consideration of approximately 300 million euros. The company has a portfolio of around 600,000 policies and employs approximately 300 people. This acquisition is part of Cinven's strategy to create consolidation platforms in the life insurance sector in Europe

The acquisition of Texa by Apax Partners represents a major turning point in the professionalization of the French loss adjustment market. The strategic rationale for this transaction centers on an "industrial-consolidation" play, merging the group's industry-leading technical operational depth in P&C expertise with the sponsor's extensive expertise in executing high-velocity buy-and-build strategies. This structural alignment provides the organization with the institutional capital and strategic hardware required to address the increasing complexity of the "mass-claim" and technical risk segments