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Market dislocation and macroeconomic disruption were listed as the second and third most prominent risks, with the economic environment as a key concern. -
The company currently has $4bn from its cash flow and incremental borrowing to fund M&A activity without using stock over 2022 and 2023.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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This is UPC’s latest attempt to downsize after offloading part of its personal lines business to HCI.
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The companies have received approval from the Department of Justice under the Hart-Scott-Rodino Act and are awaiting other required regulatory approvals.
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The Richard Fleder-led MGA writes around $130mn of business and has Ebitda of roughly $14mn.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company and backer Aquiline are being advised by Morgan Stanley and Piper Sandler.
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Following his promotion, Hippo’s new CEO discussed InsurTech public market conditions, the funding environment for private companies, inflationary pressures and loss ratios.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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More than 98% of votes cast supported the acquisition.
