Aquiline Capital Partners News

Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking

Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake in the company. Financial details of the …

Insurance Investor Aquiline Capital to All Employees: Take the Week Off

No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The private equity firm is putting all employees on vacation, people familiar with the matter said. It’s an unusual move intended …

Private Equity Firm Aquiline Closes Investment in Dutch Broker Quintes Holding

Aquiline Capital Partners, a global private investment firm specializing in financial services and technology, announced it has closed its investment in Quintes Holding, one of the largest independent insurance brokers in the Netherlands. Financial terms of the transaction were not …

Enstar Boosts Capital of StarStone U.S. by $610M with Noonan, Consolino as Execs

Enstar Group Ltd. announced it has increased the capitalization of its specialty property/casualty insurance subsidiary StarStone U.S. Holdings Inc., by $630 million. Three private equity investors have committed $610 million in new equity capital which, together with the rollover of …

Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach

London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals, Acrisure has acquired 100 percent of the company’s equity from existing shareholders. These …

Run-Off Specialist Armour Group Acquires Gibraltar’s Elite Insurance

Run-off specialist Armour Group Ltd. has led a group of investors to acquire Gibraltar-based Elite Insurance Co. Ltd. (EIC) and its affiliate Elite Business Development Ltd. (EBD). The financial details of the transaction were not disclosed. Collectively, EIC & EBD …

UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure

London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders. These shareholders include Aquiline Capital Partners, a private equity firm led by Jeff Greenberg, as well as current and …

Armour Raises $500 Million to Create Bermuda Reinsurer, Armour Group Ltd.

Armour, a Bermuda-based P/C run-off insurance business, announced it has raised up to $500 million to form a reinsurance group called Armour Group Ltd. The equity commitments were made in partnership with an investor group led by Aquiline Capital Partners, …

Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage

New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance policies in the United Kingdom. “Simply Business is an innovator …

For Greenbergs Post-AIG, Business Is $650M Family Affair

Long after leaving American International Group Inc., members of the Greenberg family are expanding financial ties through companies they now oversee. Evan Greenberg’s Chubb Ltd., previously known as Ace Ltd., has paid more than $650 million in commissions over the …