Hub International Files Confidentially for US IPO at $29bn Valuation
Hub International IPO: the $29bn PE-backed broker files a confidential Form S-1, testing the stalled broker-IPO window amid a 5.5x leverage challenge.
Topic
M&A
Lloyd’s Names ICICI Lombard as India Local Fronting Partner
Lloyd's India play completes: ICICI Lombard fronts local policies for managing agents as FDI hits 100% — the dual-market architecture explained.
Aviva Folds Probitas 1492 Into Aviva Syndicates as Lloyd’s Brand Consolidates
Aviva Syndicates replaces the Probitas 1492 brand at Lloyd's by September 2026, after four straight years of sub-80% combined ratios and a £542m GWP…
IRB Brasil Closes 43-Year UK Run-Off via Part VII Transfer to Carrick Group
IRB Brasil closes UK run-off with a Part VII transfer sanctioned 16 June 2026, ending a London casualty book in run-off since 1983 —…
Aegon Confirms New York HQ and Overhauls Leadership in US Pivot
Aegon New York headquarters set to open mid-2027. Will Fuller takes President & COO role Jan 2027. Redomiciliation as Transamerica Inc. completed Jan 2028.
ANV Group to Buy Open Lending in $3.15-a-Share All-Cash Take-Private
ANV Open Lending acquisition: ANV Group Holdings offers $3.15/share all-cash to take NASDAQ-listed LPRO private at a 78% premium to its 90-day VWAP.
Allianz in Advanced Talks to Acquire Portugal’s Caravela Seguros in Pan-European Push
Allianz is in advanced talks to acquire Portugal's Caravela Seguros at ~€150M, its third Southern European bolt-on in three years, as the 218% Solvency…
Admiral Group Closes £80m Flock Acquisition, Betting Telematics Data Will Crack Commercial Fleet Underwriting
Admiral Group acquires Flock for £80m on June 1, 2026 — a telematics-first commercial fleet insurtech that cut crash frequency 10% — with less…
Howard Hughes Holdings Closes $2.1B Vantage Group Deal, Pioneering the Ackman Insurance Float Model
Howard Hughes Holdings closes $2.1B Vantage Group acquisition at 1.5x book value — with Pershing Square managing Vantage's assets fee-free, the deal establishes the…
PayPay Bets ¥134B on Life Insurance With T&D Financial Life, Mirroring China’s Fintech-Insurer Playbook
PayPay Corp acquires 70.2% of T&D Financial Life for ¥134.34B — converting Japan's 74-million-user payment platform into a life insurance distribution engine targeting the…