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Insurance Insider US recently revealed the parties were in advanced sale talks.
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The executive gave his view on the (re)insurance landscape and the impact of PE on the sector.
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In January, this publication revealed that the Southern retailer retained Piper Sandler to run an auction to bring in a new PE investor.
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Onex has proposed an alternative sale structure, which includes R&Q’s potential liquidation.
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Analysis of company performance post-IPO shows varying trajectories over time
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The company increased its full year 2024 adjusted net income guidance.
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Changes in investment strategy and strong results show carriers can weather financial storms.
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The proposals include increasing either statutory or CRTF funds.
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The start-up's founder set out the new broker’s strategy, M&A goals and structure.
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PE house Vistria will back the buy-and-build strategy in the independent agency space.
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The $6.7bn Chubb investment is an outlier in the Berkshire portfolio.
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Citizens also secured $1.1bn of limit for its Everglades Re cat bond.