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The French firm saw off competition from Nordic Capital and Permira. -
Inside P&C dissects the largest and hottest deals of the year across broking, commercial lines and other segments of the industry.
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2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.
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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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At $6.15 per share, the deal is a 97% premium to Trean’s closing price on December 15 and a 133% premium to the 30-day average price per share of $2.64.
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Inside P&C’s news team runs you through the key highlights of the 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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The total valuation comes at the lower end of a range of $1.25bn to $1.5bn revealed by this publication in August.
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After a period of ups and downs, R&W rates in the mid-market segment are stabilizing around 3.5%-4%, market participants said.
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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 morning summary of the key stories to get you up to speed fast.
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