Insurance Times rounds up the biggest M&A announcements across the market from 13 to 17 July 2026
This week proved a big week in the M&A space, with the market receiving updates on three major deals.
First, the European Commission (EC) cleared Zurich’s £8bn acquisition of UK insurer Beazley.
The EC examined the deal in June 2026 after receiving notification of the agreement and has now confirmed that it has decided “not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement”.
Next, readers learned of Jensten Group’s purchase of £22m GWP Scotland-based broker Kelvin Smith Insurance.
Stephen Travers, managing director at Kelvin Smith, said: “Jensten Group was the natural choice for our next chapter and we’re excited about the new opportunities this partnership brings for our people and our clients.”
Major news also came in the form of public investment fund portfolio company Saudi Re’s acquisition of a minority stake in London-based specialty underwriting business Ada Risk.
Saudi Re said acquiring a share in the firm is part of its global growth strategy and would strengthen its foothold in the Lloyd’s market.
No comments yet