Aquiline Capital completes acquisition of UK's Equity Insurance Group
Aquiline Capital Partners, a New York-based PE firm focusing on investments in the financial services space, has completed its GBP87 million ($140 million) acquisition of UK motor insurer Equity Insurance Group (EIG) from ASX-listed Insurance Australia Group (IAG).
Equity Insurance Group includes Equity Red Star and Equity Syndicate Management (ESML) as well as the broking business Equity Direct Broking. The company, established 60 years ago, is one of the UK's top...
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