Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal May 9, 2022 By Chibuike Oguh Private equity firm Carlyle Group Inc. told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM...
Canada’s CPP Investments to Sell Ascot Group, Wilton Re in Strategy U-turn: Sources December 9, 2021 By David French and Chibuike Oguh Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking...
Private Equity Firm KKR Names Bae, Nuttall to Succeed Founders as Co-CEOs October 11, 2021 By Chibuike Oguh KKR & Co Inc said on Monday it has elevated its co-presidents Scott Nuttall and Joseph Bae to co-chief executive...
Alphabet-Backed Startup Insurer Oscar Health Raises $1.2 Billion in IPO March 3, 2021 By Chibuike Oguh Oscar Health Inc., a health insurance startup backed by Google parent Alphabet Inc., sold shares in its initial public offering...
Startup Auto Insurer Root Raises $724.4 Million in IPO October 28, 2020 By Chibuike Oguh Automobile insurance startup Root Inc. sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its...