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This publication revealed two years ago that EQT could lodge a $1bn claim. -
It is targeting low-risk specialty lines where it has a competitive edge.
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The industry veteran also served as president and CEO of Starr Global Accident & Health.
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AmeriLife and OneDigital are in the market while Relation is preparing for a liquidity event.
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A growing divide in business courts could impact future D&O underwriting, sources said.
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Morgan Stanley first invested in Cover Whale in May 2024 with structured debt.
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Sources said the Atlanta-based platform retained Evercore to run the auction.
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Sources said that Evercore is running the process, which went through first-round bids earlier this month.
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The PE-backed MGA lined up Morgan Stanley, JP Morgan and Bank of America to advise.
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This publication revealed the planned stake purchase earlier this week.
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In May, this publication revealed that Warburg was among the PE bidders for KAP.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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