ILS investors
-
Milton made landfall near Siesta Key yesterday, leaving 2.7 million homes without power.
-
The short-term disruption of relisting may be justified by the long-term benefits.
-
A fresh investor will be needed to put meaningful cash on the table for a US retail deal.
-
SEC filings show that Travelers’ equity ownership was valued at over $107mn in Q4.
-
Enstar acquired 637,640 shares of James River in Q4 last year valued at nearly $6mn.
-
The deal’s consideration consisted of a cash payment of $119mn and the 13.5% equity interest that Enstar held in Northshore, the parent of Lloyd’s underwriter Atrium.
-
Sources said the PE heavyweight shelved the stake sale plans earlier this year as multiples in the adjusting segment remain under pressure.
-
The three new capital vehicles fundraising for a Lloyd’s play, coupled with some of the best underwriting conditions seen for years, have raised the prospect of a new age of investment in the market – but questions remain around execution.
Most Recent
-
Aon estimates Milton insured losses at $25bn to $40bn
11 October 2024 -
Liberty takes Canopius’ McDevitt for upstream energy
11 October 2024 -
Daily Digest: Top news from 11 October
11 October 2024 -
Milton: Day-after mark-to-market favourable for Lloyd’s
11 October 2024