JD Supra: Mergers

FEBRUARY 13, 2024

From the dynamics of larger deals to the increasing prevalence of minority investments and earn-outs, the video sheds light on a diverse range of deals that have captured the attention of underwriters as well as the outlook for premium and retention rates. By: Woodruff Sawyer

Underwriting 163

Underwriting Insurance M&A Investment 163

Cooley M&A

MAY 23, 2024

While representation and warranty (R&W) insurance continues to be used across a broad range of M&A transactions, its use has cooled as dealmakers navigate challenging market conditions. In current market conditions, underwriters increasingly are offering initial retention below 1% and as low as 0.5%

Insurance 52

Insurance M&A Underwriting Financial Statement 52

Global Banking & Finance

SEPTEMBER 5, 2024

By Carolyn Cohn LONDON (Reuters) -Commercial insurance premiums may not yet be turning lower despite years of increases, Lloyd’s of London chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26% jump in first-half pre-tax profit on Thursday.

Insurance 40

Insurance Underwriting Profitability Investment 40

Global Banking & Finance

SEPTEMBER 5, 2024

By Carolyn Cohn LONDON (Reuters) -Commercial insurance premiums may not yet be turning lower despite years of increases, Lloyd’s of London chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26% jump in first-half pre-tax profit on Thursday.

Insurance 40

Insurance Underwriting Profitability Investment 40

Deal Lawyers

FEBRUARY 9, 2024

. “With 5,089 policies placed, 1,040 claims received, and 97 payments made,” Euclid believes “this is the largest data set used in an RWI claims study produced by an underwriter to date.” ” […]

Underwriting 113

Underwriting Insurance IT 113

Growth Business

JANUARY 23, 2024

These intangible ideas could be exceptionally valuable and underpin future growth and financial success – and they should be covered by intellectual property insurance. What is intellectual property insurance? Cases like these only serve to show why IP insurance is so important in today’s business environment.

Insurance 95

Insurance Business Underwriting Risk Management 95

Global Banking & Finance

SEPTEMBER 8, 2023

London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give investors access to the Lloyd’s of London insurance market, according to a statement on Friday.

Insurance 52

Insurance Underwriting Acquisitions Investors 52

PE Hub

DECEMBER 11, 2023

Sutton Special Risk is a managing general underwriter of specialty insurance products with headquarters in Toronto. The post Madison Dearborn’s Amynta to acquire Sutton Special Risk appeared first on PE Hub.

Underwriting 70

Underwriting Insurance Management 70

Razorpay

JUNE 16, 2023

Over the past decade, India’s Direct-to-Consumer (D2C) insurance industry has experienced remarkable growth, fuelled by rising incomes and increased awareness. In this blog post, we delve into the unique cash flow challenges faced by D2C insurers and explore how Razorpay Line of Credit can help.

Insurance 52

Insurance Investment Underwriting Acquisitions 52

Global Banking & Finance

SEPTEMBER 12, 2024

LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behaviour could be “unclear” The Lloyd’s of London market, which employs nearly 50,000 people across insurance underwriting and (..)

Underwriting 40

Underwriting Insurance IT 40

Global Banking & Finance

MARCH 22, 2024

From a small office of six to the largest private trade credit insurer in town Allianz Trade in Hong Kong was pleased to celebrate its 25-year anniversary yesterday, hosting a glittering dinner event which was well attended by nearly 100 guests including business and media partners.

Trading 40

Trading Underwriting Insurance Media 40

Global Newswire by Notified: M&A

NOVEMBER 1, 2023

01, 2023 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. the parent company of American Surety Company (“ASC”) and Underwriters Surety, Inc. (“USI” CINCINNATI, Nov. and its subsidiaries (“Core Specialty” or the “Company”) and Eighth Amendment Holdings, Inc.

Underwriting 76

Underwriting Insurance Stock IT 76

Cooley M&A

DECEMBER 3, 2019

Over the last decade the use of R&W insurance in merger and acquisition transactions has grown exponentially. From 2008 to 2018, the total R&W policies bound per year in North America rose from 40 deals, providing $541 million of coverage to 1500+ R&W insurance transactions, providing aggregate coverage of $38.6 Advantages.

Insurance 40

Insurance Underwriting Mergers and Acquisitions M&A 40

Deal Law Wire

MARCH 18, 2021

While insurance companies have struggled throughout the pandemic, with share prices collapsing due to a rise in insolvencies, new technologies have the potential to transform the industry, driving a flurry of M&A activity in early 2021. Insurtech has the added benefit of generating cost-saving efficiencies. A Market Full of Opportunity.

Insurance 40

Insurance M&A Underwriting Private Equity 40

Global Newswire by Notified: M&A

SEPTEMBER 28, 2023

Nashville, TN, Sept.

Underwriting 74

Underwriting IT Insurance Acquisitions 74

Razorpay

AUGUST 9, 2023

They may help with underwriting, fundraising, credit or financial advice. Underwriting Services Merchant banks also provide underwriting services for initial public offerings (IPOs), private placements, follow-on public offerings (FPOs) and rights issues. What is a Merchant Bank?

Bank 52

Bank Banking Business Underwriting 52

How2Exit

SEPTEMBER 15, 2024

– Ray Drew "The SBA 7(a) is an insurance policy that helps mitigate our risk so that we can make these loans which wouldn't be approved conventionally." Underwriting and Closing Phases Following pre-approval, the underwriting phase dives deeper into the financial validation and creation of the SBA credit memo.

Business 130

Business Acquisitions Underwriting Finance 130

Global Newswire by Notified: M&A

SEPTEMBER 14, 2023

14, 2023 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. million in cash for the exclusive right to underwrite the Security & Alarm Business through October 2025, and the renewal rights to such business thereafter, (2) assume the unearned premium reserve associated with the Security & Alarm Business, and (3) purchase $5.0

Securities 40

Securities Business Underwriting Insurance 40

Benchmark International

JULY 31, 2023

They are a Managing General Agent that services individual and commercial insurance agents. Benchmark International has successfully facilitated the transaction of George W. Evan & Associates. The firm lends its expertise in helping in

Insurance 52

Insurance Management IT Underwriting 52

Focus Investment Banking

NOVEMBER 11, 2024

When you’re purchasing employee benefits, particularly health insurance at that scale, it’s a significantly different buying experience and also service experience as well. You know, they probably answer, they want more hours, they want more money and health insurance. Ryan Basseri: Absolutely.

Insurance 52

Insurance M&A Healthcare Medical 52

OfficeHours

AUGUST 25, 2023

Following the GFC, the government enacted new regulations that limited banks’ abilities to underwrite highly leveraged financing. The buyer universe for this debt most often includes collateralized loan obligation (“CLO”) funds, high-yield mutual funds, insurance companies, and other similar institutional buyers.

Private Equity 130

Private Equity Equities Debt Finance 130

Growth Business

AUGUST 22, 2023

Insurance Bio: Howden Group Holdings is the largest European insurance intermediary group in the world, managing premiums of more than £10bn. The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. 7 – Howden Group Holdings Value: $4-$4.5bn Founded: 1994 What do they do?

Insurance 52

Insurance Bank Banking Funds 52

Cleary M&A and Corporate Governance Watch

APRIL 17, 2023

Insurance companies are beginning to formalise their approach to incorporating ESG risk into their underwriting processes across lines of business. Continuous education on these evolving topics for directors is key to demonstrate a level of sophistication during critical exchanges (for example, with underwriters, investors, etc.).

Underwriting 52

Underwriting Investors IT Corporation 52

Street of Walls

SEPTEMBER 10, 2012

Debt underwriting had its best week since May 2011 and equity underwriting also improved significantly while M&A activity was quite light Equity underwriting volumes of $17.2 Thus far in 3Q12, equity underwriting volumes are averaging 12% below both the 2Q12 weekly average level and the 3Q11 average weekly level.

Mergers and Acquisitions 40

Mergers and Acquisitions Underwriting Mergers Acquisitions 40

Peak Frameworks

SEPTEMBER 10, 2023

Task Force on Climate-related Financial Disclosures (TCFD): The TCFD provides recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions.

Government 52

Government Private Equity Investment Banking Investment 52

Street of Walls

OCTOBER 1, 2012

Both announced and completed M&A improved but remain light while equity and debt underwriting were solid on the week Equity underwriting volumes of $19.4 In 3Q12, equity underwriting volumes averaged 17% above both the 2Q12 weekly average level and the 3Q11 average weekly level. and the DB currency VIX declined by 0.7%

Investment Banking 40

Investment Banking Investment Underwriting Bank 40

Street of Walls

SEPTEMBER 24, 2012

Debt underwriting was again a highlight in the week while completed M&A volumes also improved Equity underwriting volumes of $15 billion declined by 61% from the prior week, though last week’s volumes were boosted by the Treasury’s $20 billion offering of AIG stock. Corporate debt underwriting volumes of $90.2

Mergers 40

Mergers Underwriting Acquisitions M&A 40

Street of Walls

AUGUST 27, 2012

Investment banking volumes were mediocre on the week amidst the summer doldrums Equity underwriting volumes of $10.7 Excluding this deal, equity underwriting volumes of $1.8 Excluding this deal, equity underwriting volumes of $1.8 Corporate debt underwriting volumes of $33.5 billion declined 70% from the prior week.

M&A 40

M&A Investment Banking Investment Bank 40

Street of Walls

SEPTEMBER 4, 2012

Investment banking volumes were soft across the board as activity slowed as expected heading into the holiday weekend Equity underwriting volumes of $4.5 Thus far in 3Q12, equity underwriting volumes are averaging 18% below both the 2Q12 weekly average level and the 3Q11 average weekly level. Corporate debt underwriting volumes of $30.8

M&A 40

M&A Underwriting S&P Debt 40

Cooley M&A

FEBRUARY 21, 2017

Rep & Warranty (R&W) Insurance is Here. Previously, transaction insurance (or R&W insurance) was used sparingly and predominantly by East Coast private equity funds. Outside of the US, R&W insurance has already become widely used in private M&A deals in Europe by both PE funds and strategic buyers alike.

Insurance 52

Insurance M&A Underwriting Private Equity 52