Brookfield Reinsurance to Acquire Argo Group for $1.1 Billion

PIB Group Acquires Arlington Insurance Services Ltd

October 28, 2020

Insurance

PIB Group Limited has acquired Arlington Insurance Services Ltd, a London-based specialist real-estate insurance broker founded in 2005. The deal is an add-on to PIB's consolidator strategy and is intended to bolster PIB's property and construction insurance offering by adding Arlington's experienced team and client relationships.

Brookfield Reinsurance Acquires American Equity Investment Life Holding Company (AEL)

May 2, 2024

Insurance

Brookfield Reinsurance (BNRE) entered into and expected to close its acquisition of American Equity Investment Life Holding Company (AEL), with the transaction expected to close after market on May 2, 2024. The deal brings AEL’s annuities and life insurance capabilities under Brookfield Reinsurance’s capital-solutions platform to expand liability-driven asset allocation and private asset management capabilities.

Argo Affiliate Acquires Macquarie Infrastructure Holdings (MIC)

July 21, 2022

Infrastructure

An affiliate of Argo Infrastructure Partners, LP completed a merger to acquire Macquarie Infrastructure Holdings, LLC (MIC) for $4.11 per unit, with the transaction closing on July 21, 2022 and resulting in MIC’s delisting from the NYSE. The deal was presented as a take-private transaction to unlock value for equity holders; Lazard and Evercore served as financial advisors and White & Case as legal counsel to MIC.

Brookfield and La Caisse to Acquire Boralex in ~C$9 Billion Deal

March 27, 2026

Renewable Energy

Boralex has entered into a definitive agreement to be acquired by Brookfield alongside La Caisse in a transaction valued at approximately C$9 billion. Boralex shareholders will receive C$37.25 per share in cash, and the deal is expected to close in the fourth quarter of 2026, subject to approvals and regulatory conditions.

Sompo International Holdings to Acquire Aspen Insurance Holdings for $3.5 Billion

September 2, 2025

Insurance

Sompo Holdings (via its wholly owned subsidiary Sompo International Holdings) has agreed to acquire 100% of Aspen Insurance Holdings for about US$3.5 billion. The deal values each Class A ordinary share of Aspen at $37.50 in cash and is expected to close in the first half of 2026, subject to customary regulatory and other conditions.

Arthur J. Gallagher Acquires International Insurance Brokers Pty Ltd

March 31, 2026

Financial Services

Arthur J. Gallagher & Co. announced it has acquired Australia-based International Insurance Brokers Pty Ltd to strengthen its retail brokerage presence in Australia. The Brisbane team led by Justin McPherson and Vince Mason will join Gallagher’s Brisbane office, and the acquisition expands Gallagher’s retail property and casualty brokerage capabilities.