BP Marsh grows Nexus stake to 19% as MGA completes re-fi
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

BP Marsh grows Nexus stake to 19% as MGA completes re-fi

Rachel Dalton
08 October 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Finance in the City of London and Canary Wharf

BP Marsh has taken an additional 2.49% stake in Nexus Underwriting Management as the MGA also secured new funding from Barings.

Nexus has secured a £70mn ($95mn) banking facility from the investment manager, of which it will use £50mn to refinance existing debt and the rest for new acquisitions.

This

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

MGAsNews
rachel dalton 2024 ii red 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article