Guiding Your Next Big Move
The largest deal was the $250 million acquisition of ArmadaCorp Capital, a specialty accident and health MGA focused on supplemental health and benefit products for C-suite executives. The seller was SiriusPoint Ltd., with funding drawn from a $100 million term loan, $20 million revolving credit facility, and cash on hand.
Deal aims to address the growing demand for risk management solutions in trucking, commercial and personal insurance lines Source link
78% of companies were targeted by a ransomware attack in the past year Source link
Zurich’s $10.9 billion bet on specialty The results arrive against the backdrop of a blockbuster takeover agreed on March 2,…