April 3, 2024
Brera Partners, a Zurich-based private equity firm specializing in investments in the asset-light financial services sector, announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the strategy to drive consolidation in Italy’s fragmented insurance …
July 19, 2023
Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior executive told Reuters. The fund exceeded …
March 28, 2023
AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s founding managers have signed an agreement to sell a minority …
January 3, 2023
BMS Group, the London-based independent specialty insurance and reinsurance broker, announced it has signed an agreement with private equity firm Eurazeo to receive an investment of up to £355 million ($428 million). Eurazeo will also acquire up to 34% of …
December 2, 2022
KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of the €2.3 billion ($2.4 …
November 28, 2022
French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website. The statement, which confirmed a Bloomberg News report, didn’t disclose deal terms. KKR is …
October 11, 2021
KKR & Co Inc said on Monday it has elevated its co-presidents Scott Nuttall and Joseph Bae to co-chief executive officers, succeeding the storied private equity firm’s billionaire co-founders Henry Kravis and George Roberts. The transition has been in the …
December 3, 2020
A new re/insurance group, called Vantage Group Holdings Ltd., has launched with $1 billion of equity capital, provided by private equity firms The Carlyle Group and Hellman & Friedman (H&F) as well as management. The company’s CEO is Greg Hendrick, …
December 1, 2020
Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced they have reached an agreement to acquire Compre, a specialist global consolidator of closed books of non-life insurance policies, from …
November 25, 2020
Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group. Ariel Re underwrites a global portfolio of reinsurance products in Bermuda, London and Hong Kong through its Lloyd’s platform. Under …