Capital raising
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal. -
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In an interview, the firm’s CEO spoke about the CV deal, growth and its M&A pipeline.
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The program is set to begin binding this month.
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The MGA will expand its US reach in apartments, condo associations and single-family rentals.
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The novel product appears to have been pitched to multiple clients.
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The Bermuda SPI will write a quota share of SageSure’s captive Anchor Re.
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Morgan Stanley first invested in Cover Whale in May 2024 with structured debt.
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Softer market conditions are likely to create a wave of consolidation favoring large brokers.
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The IPO was priced at $21 per share, up from the previous target range of $18-$20.
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The IPO price is expected to be $18-$20 per share.
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This is up from the $300mn in capacity the MGA secured in 2024.
Related
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Ardonagh completes $2.5bn Stone Point-led investment
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HSCM among stock sellers in Slide’s $408mn IPO
June 19, 2025