Insurer Ageas Recruits Extra Adviser as it Pursues Direct Line Bid March 8, 2024 By Pablo Mayo Cerqueiro and Amy-Jo Crowley Belgian insurer Ageas has brought in an additional adviser as it presses ahead with a potential takeover offer for Britain’s...
Howden Has $1.4 Billion for Growth, Could Tap New Investor for Extra Firepower February 9, 2024 By Pablo Mayo Cerqueiro Howden, one of the world’s largest privately owned insurance brokers, has 1.1 billion pounds ($1.4 billion) for growth, including acquisitions,...
AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources December 7, 2023 By Amy-Jo Crowley and Pablo Mayo Cerqueiro AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth...
London SPAC to Test Shareholder Appetite for Lloyd’s of London Venture October 31, 2023 By Carolyn Cohn and Pablo Mayo Cerqueiro Financials Acquisition Corp. said Monday it would ask shareholders to back its planned merger with its newly formed insurance venture,...
PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources October 3, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Alexander Hübner Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was...
Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund August 18, 2023 By Pablo Mayo Cerqueiro Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion...
Legacy Acquistion Specialist Monument Re Explores Strategic Options: Sources August 16, 2023 By Amy-Jo Crowley and Pablo Mayo Cerqueiro Monument Re, a buyer of European life insurance portfolios, is exploring strategic options after reporting a drop in its capital...
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...
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...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge June 27, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Gianluca Semeraro Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a...