August 2014/3
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Private equity-owned insurer Ironshore has concluded a 20 percent sale to Chinese conglomerate Fosun after a lukewarm response from institutional investors to its proposed IPO.
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A mechanical failure and fire at a UK biomass plant in February is set to cost the insurance market $230mn, up from the initial estimate of $12mn, sister publication Inside FAC has revealed.
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What was that noise? You may not have heard anything, but it might just have been the sound of the IPO window being shut again.
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Private equity firm Aquiline is in advanced talks to acquire a majority stake in Canada-headquartered (re)insurance intermediary Beach & Associates, The Insurance Insider can reveal.
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