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The 3.6 percent discount to the undisturbed share price is the narrowest of the recent stock issues by the London-listed specialty trio.
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InsurTech details fac, proportional and per-risk cover in IPO filing.
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Stuart Bridges and Russell Merrett are also working on the venture, with Evercore retained.
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Market entrepreneur profiles potential acquisition targets and starts capital discussions.
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The underwriter will be responsible for the strategy and underwriting of the business segment.
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Hannover Re’s Henchoz elected vice-chair of the 12-company-strong forum.
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Guy Carp, Aon and TigerRisk are among the intermediaries that have submitted bids.
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The carrier only bought $620mn of new private reinsurance limit as it didn’t want to lock in multi-year cover at current rates.
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The spectre of wholesale trapping of capital ahead of 1 January is further dislocating the market.
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Wiltshire will focus on London market reinsurance whilst Titcomb will conduct marine business.
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Carlyle-backed broker buys Munich-based reinsurance business.
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The deal was announced in November last year, setting Fortitude Re on the path to independence.