Toscafund Is Said to Explore Sale of Portuguese Insurer Caravela

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Insurance Journal - Jan 19, 2026

Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, which owns a 48% stake in Caravela, has hired Mediobanca to advise on …...

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