Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO December 14, 2021 By Manuel Baigorri Billionaire Richard Li’s FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed...
Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next March 9, 2021 By Lucca de Paoli Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it. On Monday,...
Talanx Acquires Italian Non-Life Insurer Amissima October 22, 2020 The Talanx Group, the Hanover, Germany-based insurance group, announced it is expanding its business in Italy by making a bolt-on...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources May 28, 2020 By Jan-Henrik Förster and Sonia Sirletti Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner...
Investment Firm Apollo Hikes Stake in Athene to 35% in Deal Worth $1.55B October 29, 2019 By Heather Perlberg Apollo Global Management Inc. is doubling down on its investment in Athene Holding Ltd., increasing its stake to 35% and...
Apollo’s Insurer Unit, Athene Holding, Quietly Settles Harassment Case Against CEO September 25, 2019 By Heather Perlberg and Sabrina Willmer The allegations described a boss letting loose with profane tirades, sexist insults, racist comments, even physical intimidation. Purported incidents piled...
Sectors Under Pressure, Such as Insurance, Remain Private Equity Targets: Apollo Exec September 20, 2019 By Svea Herbst-Bayliss and Lawrence Delevingne Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away...
Apollo Global Management Completes Acquisition of Aspen Insurance February 19, 2019 Apollo Global Management LLC, the investment firm led by Leon Black, has completed its acquisition of Aspen Insurance Holdings for...
Enmity Erupts Between Former Private Equity Partners Over Lucrative Insurance Units October 12, 2018 By Sonali Basak and Heather Perlberg Nearly a decade ago, Imran Siddiqui helped engineer a shrewd maneuver for buyout mogul Leon Black’s Apollo Global Management LLC,...
Run-Off Firm Catalina Raises $700M, Forms Shareholder Restructure with Apollo, RenRe October 11, 2018 Catalina Holdings (Bermuda) Ltd., a legacy runoff property and casualty re/insurance specialist, announced it has completed a US$700 million equity...