SPAC pivot a further green light for (re)insurers on capital-raising sentiment
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SPAC pivot a further green light for (re)insurers on capital-raising sentiment

spac green light id july 4 2023.png

The news that the London special purpose acquisition vehicle (SPAC) led by former KBW executive Will Allen and former Munich Re executive Andy Rear has pivoted focus from its initial plan to find an InsurTech looking for a listing is not a surprise.

However, its new target landing point has much more meaningful implications for the broader specialty/reinsurance market than the conventional SPAC reverse-listing play would have had.

The

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