Palomar to acquire The Gray Casualty & Surety Company for $300m

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Reinsurance News - Oct 31, 2025

Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treasury-listed surety carrier specialising in contract bo...

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