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The investor’s stake in WTW is now valued at roughly $120mn, while its position the prior quarter was worth around $423mn, according to its Q1 13-F filed with the SEC.
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The Americas saw the largest fall in M&A activity over the first half of 2023.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Financial adviser Waller Helms has started contacting potential acquirers as Century Capital seeks to exit.
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Inside P&C’s news team runs you through the key highlights of the week.
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Sources said the private equity house is working with Bank of America and has approached institutional capital including PE firms and sovereign wealth funds.
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Differences in business mix and definitions yield differing trajectories for brokers, but in the absence of a recession, we may see continued margin improvement.
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The Bermuda-based specialist said the capital injection will boost its talent acquisition and product development plans.
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CinFin lead the outperformers, while Aon and The Hartford's shares dropped sharply.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s news team runs you through the key highlights of the week.
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The company’s targeted Vescor cat bond would have provided collateral to meet auto and other obligations, but there were multiple structural points of risk for investors.