Fintech Zolve Raises $251 Million in Largest Funding Round Yet March 11, 2025 Zolve raised $251 million in its latest equity and debt financing round, the neo bank said on Tuesday, led by...
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...
After Steward Collapse, Massachusetts Aims to Prevent Future Health Care Failures January 2, 2025 The Massachusetts Legislature approved a bill Monday aimed at closing loopholes in the state’s health care market regulatory process exposed...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften December 19, 2024 By Heather Sullivan and Robert Held The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in...
Ardonagh Reaches $14 Billion Valuation With Stone Point Investment December 18, 2024 By Leonard Kehnscherper Ardonagh Group has secured new investment from Stone Point Capital, almost doubling the valuation of the UK insurance broker to...
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,...
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...
Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s July 29, 2024 By Swetha Gopinath and Dinesh Nair A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius...
BMS Agrees to Purchase UK Insurance Broker DR&P From Private Equity Firm Inflexion July 29, 2024 BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire David Roberts & Partners (DR&P)...
Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition July 17, 2024 By L.S. Howard Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300...