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Jairo Ibarra
Senior Reporter
CB Financial sells insurance agency unit to World Insurance for $30.5mn
The valuation represents around 26.08x of the insurance agency’s LTM earnings and 5.11x of its revenue as of September 30.
Jairo Ibarra
,
December 04, 2023
AIG to raise $718mn from Corebridge secondary offering
AIG offered 35 million existing shares of Corebridge common stock priced at $20.50 per share Friday, out of 630 million total shares outstanding.
Jairo Ibarra
,
December 01, 2023
M&A weekly roundup: USI, King, Higginbotham and more
The Insurance Insider US news team runs you through some of the key M&A deals from the past week.
Jairo Ibarra
,
December 01, 2023
Aon approves Ambac-backed Embrace Partners as wholesale broking partner
With this approval, Aon brokers and clients can begin placing insurance through wholesaler and MGU Embrace.
Jairo Ibarra
,
November 30, 2023
Skyward CEO Robinson takes chairman role as MacDonald steps down
In addition, Westaim COO Robert Kittel also resigned from Skyward’s board while Tony Kuczinski was named lead independent director.
Jairo Ibarra
,
November 30, 2023
InsurTech Cover Whale hires SiriusPoint’s Siry as COO and CTO
The executive joins Cover Whale after over two years at Bermudian SiriusPoint, where he was EVP and global CTO.
Jairo Ibarra
,
November 30, 2023
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