Southlake Financial Group has completed the acquisition of Las Vegas-based property and casualty insurer Nevada General Insurance Company from Western National Mutual Insurance Company.

The investment arm of Italian insurer Generali has penned a definitive agreement to acquire a majority stake in US private direct lending investment firm MGG Investment Group.

World Insurance Associates has acquired the business of Santee-based Business Contractors Insurance Services (BCIS) as of 1 September 2024, expanding its presence in California.

Chicago, Illinois-based private equity firm GTCR has agreed to make a strategic investment in Winged Keel Group, an independent life insurance brokerage specialising in wealth accumulation and estate planning strategies.

King Risk Partners has acquired Bruce Hendry Insurance, expanding its presence in southwest Florida.

Utah-based Trucordia has acquired Colorado brokerage Boulder Insurance Solutions, which serves small and mid-sized businesses.

Miami-based UniVista Insurance has received a majority investment from Gram Americas Buyout Fund – the private equity division of GRAM – bringing the distributor's valuation up to $700mn.

Moody’s Corporation has entered into an agreement to acquire Palo Alto-based geospatial property data provider Cape Analytics.

Saudi Arabia’s Public Investment Fund (PIF) has completed its previously announced acquisition of a 23.08 percent stake in Saudi Reinsurance Company (Saudi Re) in a deal designed to enable the reinsurer to scale up domestic capacity.

The number of large M&A deals increased by 36 percent in the second half of 2024 compared to the prior-year period, with WTW suggesting this resurgence has driven market momentum into 2025.