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The reduction in capacity reflects “strategic adjustments”. -
The broking business will transfer along with four unknown assets owned by the PE backer.
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Insight into the insurance M&A market, powered by Insurance Insider’s deal database.
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The company has exited some transactional liability and commercial D&O business.
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The Lloyd’s (re)insurer is looking to execute a five-year plan to double GWP to $3bn.
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The carrier has undertaken work to give it “optionality” for a public listing, but has no plans to list in the short term.
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The start-up has secured BMA approval as it looks to a 1 January kick-off.
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Insight into the current state of the insurance M&A market, powered by the Insurance Insider M&A Deal Tracker.
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The company’s net asset value per share is expected to hit £2.06.
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Acrisure’s syndicate launched in 2023 with an $84.4mn stamp.
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Oak Re is being spearheaded by former RenaissanceRe executive Cathal Carr.
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Carlyle re-launched efforts to find minority investor last June.
