RiverStone
-
The group reported a 19.1% return on opening adjusted tangible book. -
The process for the legacy book is believed to be in the late stages.
-
Hampden embarked on a new “intelligent follow” strategy in 2023.
-
Nicola Gaisford joined RiverStone from R&Q last year.
-
The legacy firm said the deal would strengthen its Bermuda operations.
-
The transactions will de-risk all North America middle-market reserves up to 30 June 2024.
-
The deal is expected to close by year end.
-
Some 39% of respondents expect deal volumes to increase in the next 12 months.
-
The vehicle will give the legacy carrier a US platform.
-
CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023.
-
-
The seller is facing an uphill struggle convincing its legacy rivals that there is strategic value in the merger deal.
Most Recent
-
M&A Deal Update: The German market heats up
30 April 2025 -
Arch Q1 CoR increases 11.3 points to 90.1%
29 April 2025 -
Chaucer’s McLaughlin to exit for Howden Re in Miami
29 April 2025 -
Aspen aims for valuation of up to $2.9bn as IPO launched
29 April 2025