Ardonagh Set to Raise Up to $2.5 Billion to Fuel Expansion Spree March 26, 2025 By Leonard Kehnscherper Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the...
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...
Truist Agrees to Sell Rest of Insurance Arm to Stone Point, CD&R February 20, 2024 By Matthew Monks Truist Financial Corp. agreed to sell a majority stake in its insurance brokerage business to a group led by Stone...
Truist in Talks to Sell Insurance Business for $10 Billion: Report October 10, 2023 Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10...
AIG, Stone Point Finalize Deal to Start MGA for High Net Worth Business April 27, 2023 American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client...
Stone Point to Acquire Stake in Truist Insurance for Nearly $2B February 16, 2023 Truist today said it has agreed to sell a 20% stake its insurance brokerage business to private equity firm Stone...
AIG, Stone Point Capital to Form Independent MGA for High Net Worth Business February 14, 2023 Following through on intentions to move its high net worth business to nonadmitted paper—and some to other capital providers—American International...
CoreLogic Tells CoStar Its Buyout Offer Needs Improvement March 4, 2021 By Akanksha Rana and Greg Roumeliotis U.S. property data and analytics company CoreLogic Inc. rebuffed peer CoStar Group Inc.’s sweetened buyout offer, saying it required improvement...
Private Equity Firms StonePoint, Insight to Buy Data Provider Corelogic February 5, 2021 Property data and analytics firm CoreLogic has agreed to be acquired by two private equity firms for about $6 billion....
New Insurance Group Inigo Gets Approval from Lloyd’s to Start Underwriting in January December 3, 2020 Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip...