UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London. The company known as LV= “confirms that as …
The London-based, insurance-focused investment firm Beat Capital Partners said it is creating a dedicated underwriting vehicle, funded by Bain Capital Credit, which will provide capital through its Syndicate 4242 to support Beat’s underwriting businesses operating in the Lloyd’s of London …
Toys “R” Us Inc. creditors filed a lawsuit accusing the defunct retailer’s executives and private-equity owners of fraud and breach of fiduciary trust. Former Chief Executive Officer David Brandon and other directors misrepresented the toy seller’s ability to repay creditors …
Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6 billion, in the latest example of private equity investors expanding their insurance assets. Apollo will pay $42.75 a share in …
ESure Group Plc has received an unsolicited offer of about 1.17 billion pounds ($1.5 billion) from Bain Capital Private Equity LP as private equity firms seek to consolidate the insurance industry. The offer of about 280 pence a share in …
Global top performers in the high-churn personal insurance industry win over customers with consistent outreach that relies on multiple channels for customers to connect including phone, internet or face-to-face. However, insurers that overemphasize digital channels at the expense of traditional …
Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC. The company is being acquired from the global private investment firm Bain Capital …
