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Bain Capital is back after LV deal fallout

raining-cash

Bain Capital Insurance is focused on pursuing middle market transactions in North America and Europe after it announced the final close of its inaugural private equity fund at $1.15bn.

Bain Capital Insurance, the insurance investment business arm of Bain Capital, closed its inaugural private equity fund, Bain Capital Insurance Fund, at $1.15bn, above its initial target of $750m.

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FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

Aviva’s Blanc urges CII to ‘stay relevant’ amid AI boom

Aviva Group CEO Amanda Blanc has urged the Chartered Insurance Institute to lean into the “extraordinary opportunity” but stave off the real “threat of irrelevance” it faces as artificial intelligence continues to change the way the industry operates.

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