Private equity

Private equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.

The sale price represents Elephant’s approximate net asset value.

The IGH closure is bitter for employee investors left with nothing – but such investments are inherently risky.

Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.

Integro’s debt outweighed Tysers’ earn-out plus proceeds from 9 million AUB shares.

Reported income for the year rose 24% to $1.98bn.

Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.

The executive said MGA and broking start-up activity looked set to continue.

Is the MGA start-up boom here to stay?

Some firms are broadening their M&A net in light of PE firms showing more restrained appetite for intermediaries.

PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.

The broker is understood to be seeking a consideration of £3.75bn+.