Inigo
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Inigo CEO Richard Watson said the team is ready for its “second album”. -
What’s driving the wave of shifting ownership structures in the Lloyd’s market?
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The deal will be watched closely by Radian’s handful of similar peers.
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The low degree of overlap between the combining portfolios benefits both parties.
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Plus, the latest people moves and all the top news of the week.
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The mortgage insurer said Inigo will continue to operate as a standalone business.
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The CEO said the lack of portfolio crossover was highly attractive to Inigo.
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The US mortgage insurer announced its $1.7bn acquisition of Inigo earlier today.
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The deal becomes part of a wave of carrier dealmaking.
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Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
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The post-disaster reinsurance start-up model is changing.
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Motion Specialty will initially focus on high value home and flood insurance in the US.
