Latest Corporate News
Trump Raises Global Tariff to 15% Following Supreme Court Ruling
U.S. President Donald Trump announced on February 22, 2026, raising a new global tariff from 10% to 15% via Section 122 of the 1974 Trade Act, defying a Supreme Court decision invalidating prior tariffs under IEEPA. Global leaders and businesses, from South Korea to Europe, are assessing impacts on trade, with new tariffs set to take effect soon.
Trump plans further legally permissible tariffs in coming months.
Swiss Re Corporate Solutions to Acquire QBE's Global Trade Credit and Surety Unit
Swiss Re Corporate Solutions announced on February 20, 2026, its acquisition of QBE's Global Trade Credit and Surety unit, strengthening its commercial offerings. The deal reflects active M&A in reinsurance amid market consolidation.
Details on value were not specified in reports.
Sompo Holdings Secures Approvals for $3.5bn Aspen Insurance Acquisition
Sompo Holdings received antitrust and regulatory approvals on February 18, 2026, for its $3.5 billion acquisition of Aspen Insurance through Sompo International Holdings. The deal, agreed in August 2025, advances toward completion.
It expands Sompo's global specialty insurance presence.
Enstar Agrees to Acquire AF Group from Blue Cross for Undisclosed Sum
Enstar entered a definitive agreement on February 13, 2026, to buy Accident Fund Holdings (AF Group) from Blue Cross Blue Shield of Michigan. Backed by Sixth Street, the acquisition bolsters Enstar's insurance portfolio.
Closing timeline was not detailed.
AIG Completes Minority Stakes in Convex and Onex Partnership
AIG finalized deals on February 9, 2026, acquiring a 35% stake in Convex and 9.9% in Onex, with Onex taking 63% control of Convex. The transaction establishes long-term reinsurance and capital ties.
It marks strategic realignment in specialty insurance.
Meiji Yasuda Completes $2.3bn Acquisition of Banner Life
Japanese insurer Meiji Yasuda Group closed its $2.3 billion purchase of Banner Life and William Penn Life on February 5, 2026. Agreed in February 2025, it enhances Meiji's U.S. term life market position.
Regulatory approvals were secured prior.
Radian Group Finalizes $1.67bn Acquisition of Lloydâs Syndicate Inigo
Radian completed its $1.67 billion buy of Inigo Limited on February 2, 2026, transforming its role beyond U.S. mortgage insurance. All regulatory nods were obtained by late 2025.
The deal integrates Lloydâs underwriting expertise.
TLGY Acquisition Corp. Advances SPAC Merger with StablecoinX
TLGY's Form S-4 registration became effective February 17, 2026, for its business combination with StablecoinX and StablecoinX Assets, eyeing Q1 2026 close. The SPAC targets Ethena protocol infrastructure services.
Shareholder vote is March 10.
Canada's Oil Sands Poised for Major Mergers After 2025 Activity
Following mid-sized 2025 deals, fewer independents remain, setting up blockbuster oil sands mergers involving majors and targets like Whitecap and Cenovus. U.S. investor interest grows amid consolidation.
No specific new deals announced February 22.