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After securing a $1.6bn deal to acquire TigerRisk, Howden said the transaction will create a “much-needed fourth global player” in reinsurance. -
This publication first revealed that the two parties were working on the deal last month.
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The partnership expands KAP's reach in Florida and its depth in construction and surety lines.
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Selling Argo may be harder than you think given its Lloyd’s operation and questions around balance sheet strength.
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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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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 news team runs you through the key developments 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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Sources indicated talks have been conducted using an adjusted Ebitda figure for TigerRisk of around $85mn-$90mn, which is far higher than previously thought.
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Further launches are planned for io.insure in the UK, Europe and Asia, after an inaugural launch in Australia.
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The announcement comes soon after SiriusPoint CEO Sid Sankaran departed and activist Daniel Loeb joined the board.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
