The Carlyle Group’s financial services arm earlier this week made its 10th insurance investment through the acquisition of NSM Insurance Group from White Mountains in a deal that values the ...

The Carlyle Group Inc. CG has inked a definitive agreement to buy NSM Insurance Group (“NSM”) from White Mountains Insurance Group, Ltd. CG will shell out $1.775 billion for the deal. The transaction ...

White Mountains has agreed to sell NSM Insurance Group to Carlyle. The transaction puts NSM at a valuation of $1.775 billion. J.P. Morgan Securities LLC acted as financial advisor to White Mountains ...

(Refiles to clarify BenefitMall was formerly known as a payroll services provider, in the seventh paragraph) (Reuters) – Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to ...

White Mountains Insurance Group Ltd. shares rose 6% on Monday after the company said it agreed to sell specialty insurance company NSM Insurance Group for about $1.78 billion to investment funds ...

LEHI, Utah, Feb. 17, 2023 /PRNewswire/ -- PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage firm, today announced that it has secured a $500 million preferred equity investment in a ...

FGH Parent (FGP), along with subsidiary Fortitude Re and investment firm Carlyle, have introduced a new reinsurance sidecar, Fortitude Carlyle Asia Reinsurance (FCA Re). A Class E-licensed ...

CHARLOTTE, N.C., Aug. 8, 2022 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced ...

White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has signed a definitive agreement to sell NSM Insurance Group to investment funds affiliated with ...

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) and The Carlyle Group (NASDAQ:CG) announced today that Carlyle completed its acquisition of a 19.9% stake in Fortitude Group ...

Carlyle Group Inc. said Thursday it inked a new strategic advisory services agreement with Fortitude Reinsurance Co. Ltd. that will increase its global credit unit's fee-earning assets under ...

Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd for $1.78 billion ...