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...
New Insurance Group Inigo Raises $800M of Capital; Founded by Former Hiscox Execs November 23, 2020 Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a...
Enstar to Sell Starstone’s Lloyd’s Managing Agency to New Re/Insurance Venture Inigo November 18, 2020 Enstar Group Ltd. and Stone Point Capital LLC announced they have signed definitive agreements to sell StarStone Underwriting Ltd. (SUL),...
A.J. Gallagher Alleges Alliant’s Poaching ‘Playbook’ Has Cost It Employees, Clients September 25, 2020 By Andrew G. Simpson California-based insurance broker Alliant is again being sued over an alleged poaching scam, this time by rival Arthur J. Gallagher...
New Cyber Insurance Package Protects Hedge Funds’ Trade Secrets and Fees October 5, 2018 By Katherine Chiglinsk Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point...
Claims Firm Sedgwick to Acquire Competitor Cunningham Lindsey December 6, 2017 Global claims firm Sedgwick Claims Management Services has agreed to acquire Cunningham Lindsey, another global loss adjusting and claims management...
Enstar Launches Bermuda Specialty Reinsurer KaylaRe; Packer Appointed CEO December 20, 2016 Enstar Group Ltd. has launched KaylaRe Ltd., a Bermuda-based Class 4 reinsurer, offering a diversified range of specialty reinsurance to...
Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital October 21, 2016 By Jordyn Holman Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset...
Allianz Transfers $1.1B of Policy Obligations to Reinsurer Enstar, Limiting US Risks February 18, 2016 By Oliver Suess and Sonali Basak Allianz SE, Europe’s biggest insurer, struck a deal to limit risks in the U.S. by transferring policy obligations to reinsurer...