Reinsurance News
The Carlyle Group
Carlyle and GIC to take 10% stake in India’s SBI Life for $742mn
31st December 2018
U.S private equity firm Carlyle Group and Singapore’s sovereign wealth fund GIC plan to team up on a Rs 5,200 crore (US $742 million) deal that will see the companies take a 10% stake in Indian insurer SBI Life Insurance Co. SBI Life Insurance was formed in 2001 as a joint ... Read the full article
AIG launches Fortitude Re in partnership with Carlyle Group
14th November 2018
American International Group (AIG) has created a new run-off reinsurer called Fortitude Re in collaboration with global alternative asset manager The Carlyle Group. The companies announced in August 2018 that they had entered into a partnership to build AIG’s Bermudian legacy reinsurance platform, DSA Re (now Fortitude Re), into a ... Read the full article
The Carlyle Group claims majority stake in Sedgwick for $6.7bn
13th September 2018
Sedgwick, a global provider of technology-enabled risk, benefits, and integrated business solutions, has announced that affiliates of funds managed by The Carlyle Group have become its majority owner in a $6.7 billion transaction. The company's current majority shareholder, KKR, will fully exit its position following the transaction, while funds managed by ... Read the full article
AIG partners with Carlyle Group to build DSA Re into a standalone reinsurer
1st August 2018
American International Group (AIG) has entered into a strategic partnership with The Carlyle Group, a global alternative asset manager, to build AIG’s recently established Bermudian legacy reinsurance platform, DSA Re, into a standalone provider of reinsurance. DSA Re was launched by AIG in February 2018 as a composite reinsurer of ... Read the full article
- ← Previous
- 1
- 2
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
