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Let’s get you up to speed on some of this week’s key M&A deals.
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Triple-S Costa Rica’s assets amounted to $16.9mn in 2021 and the insurer underwrote gross premium of $17mn.
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Activist investors continue to tighten the screw on the insurer’s management team.
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Coupled with potential new capacity and pricing adequacy on the horizon, the tumultuous medmal space may see stability in the medium term.
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The carrier had a minority stake in the eyewear firm.
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Carbone will serve as M&A client-facing lead and will oversee some of the bank’s financial consulting projects.
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Let’s get you up to speed on some of this week’s key M&A deals.
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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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As part of the deal, all staff working for the MGA will join Mosaic, while SiriusPoint will become a strategic investor in the carrier.
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Following the deal, Amynta will continue its existing commercial relationship with AmTrust.
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The specialty insurer’s premium income grew from $457mn in 2020 to $1.8bn in 2021, and $2.1bn including Lancer.
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While the timing of IPOs tends to reflect external factors, a stock market debut could be likely by year end.