Global Indemnity weighing sale of $500mn E&S arm Penn-America
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Global Indemnity weighing sale of $500mn E&S arm Penn-America

Adam McNestrie, 
Jairo Ibarra
May 23, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
GBLI Global indemity logo 2 boardroom.jpg

Global Indemnity is exploring the sale of its SME-focused E&S platform Penn-America, Inside P&C can reveal.

Sources said the Pennsylvania-based insurer is working with Merger & Acquisition Services, but the driving force behind the work is controlling shareholder Fox Paine.

Sources...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsM&ACommercial E&S
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article