Ambac to acquire majority stake in Beat Capital Partners for $282m
Reinsurance News - Jun 05, 2024
Ambac Financial Group has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited, a London-based insurance underwriting and managing general agency (MGA) incubation platform, for approximately $282 million. As per Ambac, up to $40 million of the total appro...
Recommended Articles
Posted: Apr 02, 2026
Africa’s largest non-life insurer, Santam Group, has appointed Nigel Tatlock as Head of Property at...
Posted: Apr 02, 2026
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has...
Posted: Apr 02, 2026
Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed cont...