Capital raising
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Carlyle re-launched efforts to find minority investor last June.
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Sources said that the AmTrust-backed fronting carrier has retained Evercore to run the process.
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The retail broker upsized its revolving credit and delayed draw term facilities.
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The Hartford will assume a quota share of Coalition’s UK cyber program.
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The agreement will bolster Asic’s surplus and expand underwriting capacity.
Most Recent
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Fema estimates NFIP losses of $3.5bn-$7bn for Hurricane Helene
November 13, 2024 -
AIG names Schaper chief risk officer and starts search for CUO
November 13, 2024 -
Fidelis Q3 underlying LR drops 7 points to 39.1%
November 12, 2024 -
Private broker Q3 organic growth accelerates to 9.4%: Reagan
November 12, 2024 -
Everest makes two leadership appointments to its US casualty business
November 12, 2024