Scottish Re starts sale and restructuring for Cayman units
The sale and restructuring plan is being carried out by the commencement by SALIC and SHI of US Chapter 11 proceedings in the US Bankruptcy Court of Delaware on 28
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ContinueLearn More XThe sale and restructuring plan is being carried out by the commencement by SALIC and SHI of US Chapter 11 proceedings in the US Bankruptcy Court of Delaware on 28
ISA is a human and social service managing general underwriter, based in Rock Hill, New York. The companyhas been a family-owned business offering property and casualty insurance products and
The acquisition is subject to regulatory approvals. The two companies have also agreed on a new long-term bancassurance partnership in Vietnam and Indonesia. Prudential Vietnam Finance Company (PVFC) was
The deal includes Liberty Life Assurance Company of Boston, which offers group disability, group life, individual life and annuity products. The transaction is expected to be completed in the
It is the second acquisition for by Erskine Murray in the last six months. The company recently acquired Cheshire-based insurance broker Offley Insurance to boost its presence regionally across the
The insurance firm will use the FICO Enterprise Security Score in underwriting decisions, and offer subscriptions to policy holders to promote ongoing cyber risk reduction. Barbican is a multi-platform insurance
Saffron Insurance, which was established more than 60 years ago, has grown considerably, particularly in the last twenty years. The company employs more than 120 people who work across 12 of
After deductive net debt applicable to the business, the net cash payable by Davies will be about £18.6m. Davies acquired the entire share capital of JMD Specialist Insurance Services
Beach's equity is being acquired from existing shareholders, which include New York-based private equity firm Aquiline Capital Partners. It is the first acquisition of Acrisure outside North America. The acquisition,
The scheme's launch follows the recent high profile company collapses including, Monarch and grocery wholesaler Palmer & Harvey. It is designed to protect businesses from the risk that their