UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers April 22, 2025 United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services—...
Brazil Insurer Porto Seguro Eyes Partners for Health Business, Sources Say January 31, 2025 By Luciana Magalhaes Brazilian insurance group Porto Seguro is in talks with private equity funds to possibly sell a minority stake in its...
New York Governor Wants to Curb Hedge Funds Buying of Homes January 14, 2025 By Anthony Izaguirreirre New York Gov. Kathy Hochul last Thursday said she will push for new laws to make it harder for hedge...
Private Equity Tie-Ups With Insurers Create Risks, BOE Says December 2, 2024 By Greg Ritchie, Laura Noonan and Leonard Kehnscherper Private equity’s advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets,...
Female Leadership Suffers When Private Equity Firms Invest October 16, 2024 By Isabella Ward Female board and leadership representation at European companies plunges whens private equity firms invest, according to a study by consultancy...
Private Equity’s Insurance Bets Raise Risks, BIS Researchers Say September 17, 2024 By Nicholas Comfort Private equity firms have changed the business models of life insurers they invest in, posing risks that are more likely...
Carlyle’s Sedgwick Valued at $13.2 Billion in Investment Deal With Altas September 13, 2024 Carlyle-owned claims management company Sedgwick said on Thursday it had secured an investment from private equity firm Altas Partners via...
Bankrupt Steward Health Care Sells Physician Network as Massachusetts Hospital Seized August 19, 2024 Bankrupt hospital operator Steward Health Care received a bankruptcy judge’s approval on Friday to sell its nationwide physician network to...
Bankrupt Steward Health to Close Two Massachusetts Hospitals July 29, 2024 By Dietrich Knauth Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after failing to find a buyer for them,...
Ex-Employee Accuses Private Equity Firm of Retaliatory Firing Over Complaint May 30, 2024 By Daniel Wiessner A former executive assistant at One Equity Partners sued the private equity firm on Wednesday, claiming she was subjected to...