UK Insurance Broker Ardonagh Weighs Refinancing $3.9 Billion Debt Pile December 7, 2023 By Silas Brown The Ardonagh Group is considering refinancing its entire debt stack to help finance more acquisitions, in a deal that would...
Update: James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming for $277M November 8, 2023 James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its...
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...
PE Companies Bain Capital and TPG Weigh Deal for Advent’s CCC Insurance Software September 29, 2023 By Crystal Tse, Ryan Gould and Liana Baker Bain Capital and TPG Inc. are weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled...
PE Firms Weigh Options for $16 Billion AssuredPartners September 28, 2023 By Gillian Tan GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be...
Cinven Buys Back Eurovita Bonds to Help Avoid Messy Liquidation of Its Insurer: Source September 27, 2023 By Valentina Za and Emilio Parodi Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer...
Private Equity Firm CVC Invests in Dale Underwriting to Boost Growth at Lloyd’s September 18, 2023 Dale Underwriting Partners, the trading name for Dale Managing Agency’s Lloyd’s Syndicate 1729, has agreed a strategic partnership with CVC,...
PE Firm Advent Eyes Sale of Car Insurance Software Vendor CCC: Sources September 18, 2023 By Milana Vinn Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to...
US Insurance Giant Marsh Set for $448 Million Honan Deal August 21, 2023 By Harry Brumpton, Manuel Baigorri and Nabila Ahmed Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its...
Private Equity Firm Hg Weighs Options for €1.5 Billion Insurance Broker GGW August 18, 2023 By Jan-Henrik Förster and Eyk Henning Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5...