Premia Holdings completes acquisition of Cowen Reinsurance from TD Bank

By The Financial Edition · 3 November 2026 · 17:51 GMT · Reinsurance News · 1 min read

Acquisition completion

Premia Holdings Ltd. has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its subsidiaries, which includes property and casualty reinsurer Cowen Reinsurance. The transaction closed on October 30, 2026, after receiving approval from the Commissariat Aux Assurances in Luxembourg. Following the purchase, Cowen Reinsurance has been renamed Premia Reinsurance Europe S.A. Group Chief Executive Officer Bill O’Farrell stated that the deal provides clients with a local professional reinsurance solution within the European market.

Wider portfolio activity

The transaction adds to Premia's reported total of over $5 billion in completed transactions within the global property and casualty legacy market. The group recently divested its international claims, audit and risk management advisory firm, Alan Gray LLC and A.G. Risk Management, Inc., to Lewis & Ellis, Inc.

Why it matters

The completed acquisition establishes Premia Reinsurance Europe S.A. as a local vehicle in Luxembourg, expanding the group's European footprint for property and casualty legacy reinsurance following regulatory approval.

Jargon, explained

reinsurance: Insurance that insurers buy to transfer part of their own claims exposure.

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