Insurtech Accelerant Weighs IPO or Private Share Sale, CEO Says July 25, 2023 By Pablo Mayo Cerqueiro, Echo Wang and David French Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider...
Bain Capital Raises $1.15B for Its First Fund Dedicated to Insurance Investments July 19, 2023 By David French Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources July 12, 2023 By David French and Pablo Mayo Cerqueiro One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
Insurance Group Hamilton Mulls Potential IPO, Sale June 7, 2023 By Pablo Mayo Cerqueiro and David French Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with...
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...
Insureds May be Cooling to Digital Claims Experience November 22, 2021 By David French Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to...
Ally Financial to Offer Home Insurance in Partnership With Hippo August 11, 2021 By David French U.S. online bank Ally Financial has agreed to backstop home insurance policies provided by Hippo Holdings Inc., providing capital for...
Insurance Investor Aquiline Capital to All Employees: Take the Week Off July 27, 2021 By David French and Jessica DiNapoli No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The...
AIG Plans Sale of Life Business to Blackstone and in IPO July 14, 2021 By David French, Alwyn Scott and Nivedita Balu American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone...
Insurer American National Group Exploring Options Including Possible Sale -Reuters May 11, 2021 By David French U.S. insurer American National Group Inc. is exploring options that could include a sale of the company, people familiar with...