Premia Holdings Ltd., the insurance and reinsurance group with operations in Bermuda, the US, the UK and Continental Europe, has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its subsidiaries, including property and casualty reinsurer Cowen Reinsurance, which has been renamed Premia Reinsurance Europe S.A.
The transaction, approved by the Commissariat Aux Assurances in Luxembourg, closed on October 30, 2026.
Bill O’Farrell, Group Chief Executive Officer of Premia, said, “We are pleased to close this important transaction with TD Bank.
“This acquisition provides our clients with a local professional reinsurance solution in an important European market.
“We look forward to leveraging our financial strength, disciplined underwriting approach, and structuring expertise to deliver greater value, responsiveness, and tailored risk solutions to insurers across the region.”
Premia is focused on sourcing, structuring, and servicing business in the global P&C legacy market.
With over $5 billion in transactions completed, Premia is reportedly “well equipped” to execute acquisitions and reinsurance transactions in the global P&C legacy market.
Premia recently sold its international claims, audit and risk management advisory firm, Alan Gray LLC and A.G. Risk Management, Inc., to Lewis & Ellis, Inc., a Novacap portfolio company.
