Candover Investments P.L.C., a buyout specialist, has entered into exclusive negotiations to acquire Reliance National Insurance Co. (Europe) Ltd. Last year, Reliance National (Europe) generated $255.2 million in gross written premiums in 1999. Reliance National is the European subsidiary of Philadelphia-based Reliance National Insurance Co.
Reliance Group Holdings Inc. has been selling off several pieces of its book in recent months as it faces the threat of bankruptcy and liquidation.
Topics Mergers & Acquisitions Europe
Was this article valuable?
Here are more articles you may enjoy.
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order 
Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC 
Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub 
Poorer Americans Dropped Federal Flood Insurance When Rates Rose 
