Goldman Sachs
Analysis: Review of the Year 2019
It feels as if 2019 was an uncomfortable year for the general insurance market as it never quite seemed to grasp control of its own destiny. Wherever you look, carefully laid plans were derailed by the unexpected – and often unwanted – intervention of…
Goldman Sachs' acquisition of Aston Lark completes
Goldman Sachs’ merchant banking division’s purchase of majority stake in Aston Lark has completed.
Aston Lark deal gives broker firepower for larger acquisitions
The acquisition of Aston Lark by Goldman Sachs could enable the broker to seek out larger acquisition targets, the company's CEO Peter Blanc said.
Post Power List 2017: Herman Bosman
CEO, Rand Merchant Investment
Hastings investors to sell £99.8m stake
Investors in motor insurer Hastings will sell shares worth around £99.8m.
Goldman Sachs could pocket 400% return on Hastings investment
Goldman Sachs could bank a return of 400% on its stake in Hastings following the UK motor player’s stock market floatation next month, if investors respond as expected, according to reports.
Hastings CEO Hoffman forecasts rising motor rates
Motor rates are likely increase over the next twelve months, barring any exceptional events, according to Hastings chief executive Gary Hoffman.
DLG reportedly in ‘advanced talks’ over German and Italian disposals
Direct Line Group is in advanced negotiations over the sale of its operations in Germany and Italy according a report from Reuters.
Hastings staff to pocket windfall as Goldman Sachs deal is completed
Goldman Sachs Merchant Banking Division has signed off on a deal to acquire 50% of the voting share capital in Hastings Insurance Group.
Hastings receives Goldman Sachs investment
Goldman Sachs Merchant Banking Division will acquire 50% of the voting share in Hastings, in a move that implies a net enterprise value of approximately £700m.
Goldman Sachs in Hastings stake talks
A Goldman Sachs-owned private equity fund is in exclusive talks over a minority shareholding in Hastings, according to reports.
Aon revisits bonus payout decision
Insurance broker Aon is considering backtracking on an offer to delay payment of employee bonuses until the start of the new tax year, according to reports.
Aon defers bonuses to benefit from lower tax
Aon has offered staff the option to benefit from lower income tax by delaying bonus payments until after April.
Last Delta Lloyd shares earn Aviva £350m
Aviva has priced its remaining stake in Benelux insurer Delta Lloyd at €12.65 per share, which would amount to gross cash proceeds of £353m.
DLG enlarges initial share offering
Direct Line Group parent Royal Bank of Scotland is to expand its initial public offering of ordinary shares.