Hale completes Monarch takeover
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Hale completes Monarch takeover

business background of businessman having handshake

Hale Group has taken majority ownership of Monarch, with FedNat holding a minority interest, as the firm said it had secured “appropriate and responsible” reinsurance protection for the hurricane season.

Funds managed by Hale have invested $15mn in Monarch, in a deal announced in May. FedNat will maintain representation on the board.


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