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Private equity-backed buyers accounted for 73.1% of all deals in the period. -
Interest in these vehicles has increased recently, but market softening could throw a curve ball at growth.
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This follows a spate of program manager deals Ryan Specialty has made.
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The broker will take a charge of $1.6bn-$2.1bn relating to the sale.
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The transaction will be one of the largest involving two strategics in broking history.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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The move comes less than a year after AssuredPartners’ sale process reached a stalemate.
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Bishop Street acquired Conifer Insurance earlier this month.
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The transaction would be one of the largest strategic-on-strategic deals ever in the broking space.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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Sentry announced its $1.7bn acquisition of The General last week.
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Ethos’ transactional liability MGU is not included in the deal.
