Private equity (PE)
3i rumoured to be planning sale of Hyperion stake
Private equity firm 3i has refused to comment on fresh speculation that it is ready to sell its 23% stake in Hyperion.
View from the Top: London looking for leadership
Independent brokers in the capital must adapt to survive the US-led private equity feeding frenzy, says Toby Esser.
Cooper Gay completes Lightyear deal
Cooper Gay Swett & Crawford has confirmed that its investment agreement with Lightyear Capital has completed.
Aquiline boosts Lloyd's foothold with cut-price acquisition of Equity Red Star
Aquiline Capital Partners' acquisition of Equity Red Star for £87m – a far cry from the £570m IAG paid for Equity Insurance Group in 2006 – marks the New York-based firm's latest foray into the Lloyd's market.
IAG confirms Equity Red Star sale ahead of huge predicted losses
Insurance Australia Group has confirmed the sale of its UK business to Aquiline Capital Partners, following the completion of a strategic review in which the firm predicted net losses of £156m after tax.
AIG creates financial institution division
AIG has launched a financial institutions practice in the UK to help businesses across the sector confront the risks and challenges of the market.
Unhappy investors uncover Drive Assist debtor discrepancies
Discrepancies over Drive Assist's debtors are said to have played a part in the company's downfall and resignation of founder Steve Binch, Post understands.
Fairfax finalises Cunningham Lindsey private equity deal
Fairfax Financial Holdings has completed the disposition of its interest in Cunningham Lindsey Group for proceeds of approximately £167.7m ($270m).
Growing SMEs: Room to manoeuvre
Small businesses are often subject to rapid change and growth, and it is essential that brokers and insurers understand how radically their risk profiles can evolve.
Layton Blackham founder joins UK General board
Chris Blackham, founder of consolidator Layton Blackham, has been appointed non-executive director on the board of UK General Insurance.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
McLarens brand in UK return as CEO Chalfant eyes deals
The McLarens brand has been resurrected in the UK insurance market after the loss adjusting group reclaimed the name in readiness to make global acquisitions in 2013.
Cooper Gay Swett & Crawford seals equity investment
Broking group Cooper Gay Swett & Crawford has agreed terms with Lightyear Capital and institutional co-investors for a substantial investment into the CGSC Group.
Interview: David Mairs - my side of the story
Breaking a seven-year silence on the firm he founded, David Mairs defends the sale of Merlin, then Ashworth Mairs Group, to Hermes for £62m, offering his insight into the loss adjuster's downfall, the state of the market and why the time is right for his…
Cunningham Lindsey UK boss hints at further deals after CVC buyout
Fairfax Financial Holdings is to reduce its stake in Cunningham Lindsey from 43.2% to less than 10% under the loss adjuster's refinancing deal with CVC Capital Partners.
Post magazine - 4 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
CVC Capital Partners takes majority stake in loss adjuster Cunningham Lindsey
CVC Capital Partners has acquired a majority stake in global claims and loss adjusting firm Cunningham Lindsey.
CVC buys majority stake in Cunningham Lindsey
Private equity house CVC Capital Partners has bought a majority stake in loss adjusting giant Cunningham Lindsey.
Direct Line Group: Divestment dilemma
The Royal Bank of Scotland may have formally announced plans for an initial public offering of Direct Line Group, but it still faces final decisions on the divestment of its insurance arm.
AA float among Acromas options
Acromas is making "tentative steps towards a potential break-up" that could see a float of the AA for up to £5bn, according to the FT.
Direct Line float will test the waters for IPO sentiment
A Direct Line Group initial public offering will be one of the UK's biggest ever general insurance listings, including Admiral's flotation in 2004, according to market experts.
DLG private equity bids still possible, says analyst
Analysts believe there is still a "good chance" that a private equity bid for Direct Line Group may emerge, despite RBS this morning stating its intention to float.
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?