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...
New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups May 8, 2024 New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with...
Brookfield’s $200 Billion Credit Group Seeks to Lure Insurers April 1, 2024 Brookfield Asset Management’s newly formed credit arm will cater to its parent’s insurance business and will also pitch other insurers...
PE Firm Nordic Capital Weighs Sale of Regulatory Tech Firm Regnology: Sources March 13, 2024 By Amy-Jo Crowley Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business...
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...