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AIG CEO: Renewals Pricing, Recent Deals Set Stage for 2026 Gains
American International Group Inc. will see opportunities from a number of recent transactions as the group profits from reinsurance deals in a softening property market, its chief ...
Source: BestWire   Date: February 11, 2026
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AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
American International Group Inc. posted lower fourth-quarter net income on Corebridge Financial losses and the divestiture of its travel insurance business. Fourth-quarter net ...
Source: BestWire   Date: February 10, 2026
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AIG Closes on Convex, Onex Transactions
American International Group Inc. completed the acquisitions of minority stakes in specialty underwriter Convex Group Ltd. and asset manager Onex Corp. AIG acquired a 35% equity ...
Source: BestWire   Date: February 9, 2026
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AIG Enters $3.5 Billion Investment Partnership With CVC
Europe and the United States. Rob Lucas, CEO, CVC, in a statement said the secondaries transaction is a foundation for CVC's private equity evergreen secondaries vehicle following ...
Source: BestWire   Date: January 19, 2026
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SiriusPoint Unveils Partnership With Program Administrator ISC
Partners Opportunities Fund will acquire ISC (BestWire, Sept. 19, 2025). The private equity firm is acquiring ISC from KKR, it said in a statement. The investment is being made ...
Source: BestWire   Date: January 15, 2026
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AIG Posts Higher Third-Quarter Profit on Underwriting Gains
American International Group Inc. posted higher third-quarter net income on improved underwriting as the group made several strategic deals in recent weeks. Third-quarter net ...
Source: BestWire   Date: November 4, 2025
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AIG, Onex Announce $7 Billion Deal for Insurer/Reinsurer Convex
American International Group Inc. and Onex Corp. will take major stakes in Convex Group Ltd. in a deal that values Convex at $7.0 billion. Under a new long-term ownership structure ...
Source: BestWire   Date: October 30, 2025
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Onex Acquires Integrated Specialty Coverages Insurtech Platform
Underwriting entities of KKR & Co. Inc. have current Best's Financial Strength Ratings of A (Excellent). (By David Pilla, news editor, BestWire: David.Pilla@ambest.com)
Source: BestWire   Date: September 19, 2025
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European Firm Marco Capital Holdings Acquires R&Q Gamma
European PC run-off group Marco Capital Holdings Ltd. said it has acquired R&Q Gamma, a unit of R&Q Insurance Holdings Ltd. The terms of the deal were not disclosed. The ...
Source: BestWire   Date: June 20, 2025
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Onex Closes on Acquisition of R&Q's Accredited Program Business
Accredited Surety and Casualty Co. Inc. and Accredited Insurance (Europe) Ltd., Enstar said in a separate statement. The coverage is for Accredited's assumed and underwritten ...
Source: BestWire   Date: June 28, 2024
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Provisional Liquidators Appointed as R&Q Directors Resign
Michael Morrison, Mark Allitt and Charles Thresh of Teneo (Bermuda) Ltd. were appointed as JPLs. Deutsche Numis then informed R&Q of its intention to resign immediately as ...
Source: BestWire   Date: June 27, 2024
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R&Q Sells Legacy Insurer Inceptum to Marco Capital for $14.3 Million
Marco is a Malta-based legacy acquisition group. The deal is conditional on completion of a previously announced sale of the shares in R&Q's program business Accredited to Onex ...
Source: BestWire   Date: June 24, 2024
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R&Q Seeks Provisional Liquidation Ahead of Program Business Sale
Accredited program business, R&Q said at the time. Underwriting entities of R&Q Insurance Holdings Ltd. have current Best's Financial Strength Ratings of A- (Excellent).
Source: BestWire   Date: June 20, 2024
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Liquidation Among Options as R&Q Considers Accredited Buyer's New Proposal
Accredited program business. The group said that in recent weeks it has progressed in discussions with investor Onex Corp. and other stakeholders to complete the sale and is ...
Source: BestWire   Date: June 13, 2024
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R&Q Enters Lock-up Pact With Lenders as Proceeds Shrink for Pending Accredited Sale
Accredited program business, R&Q said in a statement. Under terms of the agreement, R&Q and the locked-up parties agreed to indicative terms for a restructuring of certain of the ...
Source: BestWire   Date: April 25, 2024
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R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale
R&Q Insurance Holdings Ltd. expects a "signficant" pretax loss for 2023 on adverse development in its legacy business as it agreed to sell its stake in a joint venture to an ...
Source: BestWire   Date: April 12, 2024
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European Commission OKs Onex Acquisition of R&Q's Accredited Program Business
Randall & Quilter America Holdings Inc. (R&Q Accredited) by Onex Corp. of Canada, the EC said as it noted the transaction is related mainly to the markets for nonlife insurance and ...
Source: BestWire   Date: March 8, 2024
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Randall & Quilter Says Deal On Track, Will Close in Second Quarter
Quilter America Holding Inc., the holding company of program business Accredited, for $465 million. It cited unsustainable leverage. "R&Q currently expects closing of that sale to ...
Source: BestWire   Date: March 1, 2024
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R&Q Shareholders Approve Sale of Accredited Program Business
Shareholders of R&Q Insurance Holdings Ltd. approved the sale of the group's Accredited program business by a 55.22% to 44.78% margin. The approval came through a special general ...
Source: BestWire   Date: January 11, 2024
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Bermuda Regulator Seeks R&Q Actuarial Review, Pause on Certain Activities
Accredited to funds advised by Onex Corp. at a Jan. 11 special general meeting (BestWire, Dec. 14, 2023). The company published a shareholder circular and notice of the meeting to ...
Source: BestWire   Date: December 22, 2023
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