Bain Capital is back after LV deal fallout

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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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UN creates NZIA replacement

The United Nations Environment Programme has replaced the now-discontinued Net Zero Insurance Alliance with a multistakeholder forum, although most former UK-based NZIA members have yet to join.

ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.

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