-
Founder and CEO of Nascent Andre Perez will join Sephira’s board of directors. -
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
-
The business has been ~70% owned by White Mountains since January 2024.
-
Spectrum joins investors ForgePoint, Hudson and MTech.
-
The deal is expected to result in $700mn in combined GWP in Florida upon completion.
-
The leadership’s commentary spotlighted to value of ILS to the group.
-
It is understood that CyberCube has been considering a sale of the business.
-
The Japanese carrier faces integration challenges to make a success of the deal.
-
Aspen Capital Markets earned $169mn in fee income in 2024 alone.
-
The purchase brings Sompo an established ILS platform as part of the deal.
-
The Bermudian firm has an active ILS division, unlike the Japanese conglomerate’s insurance divisions.
-
The transaction is expected to close later this year.
-
Nationwide will delegate management of the policies to Ryan Specialty.
-
M&A and shifts in distribution arrangements bring risks and opportunities.
-
The deal leaves premier surety as Travelers' sole Canadian portfolio.
-
The reinsurer said the probe concerns the alleged involvement of its former chairman.
-
The acquisition expands its global employee benefits business to ~4,000 global employees.
-
Guernsey’s TISE listed the world’s first private cat bond issued by Solidum Re in 2011.
-
The firm will match segregated accounts of portfolios to investor mandates.
-
The combined entity ranks third in the Insurance Insider ILS leaderboard.
-
Compressed cat bond spreads could drive some rebalancing, as M&A remains a prospect.
-
The deal comes around three years after Markel sold a controlling interest in Velocity for $181.3mn.
-
Casualty ILS made inroads, while hurricane hedging strategies came into focus.
-
The Swiss-based team of Siglo has transferred to Cambridge Associates.
Most Recent
