The Canada Pension Plan Investment Board (CPPIB) is in advanced talks to acquire Lloyd's (re)insurer Ascot in a cash deal with an enterprise value in excess of $900mn, The Insurance Insider understands.
The Canada Pension Plan Investment Board (CPPIB) is in advanced talks to acquire Lloyd's (re)insurer Ascot in a cash deal with an enterprise value in excess of $900mn, The Insurance Insider understands.