Hints and tips:
...Ironshore was founded a decade ago and had gross premiums written of $2.2bn in 2015....
...Fosun’s investment in Ironshore has proven a good flip: just last year it bought the 80 per cent of Ironshore that it did not already own, completing its ownership for a total cost of $2.5bn....
...Still, Fosun is planning to list its Ironshore insurance unit just a year after buying it....
...Since then, Fosun’s overseas activity has slowed and earlier this week it sold Ironshore Insurance in the US. Anbang Insurance has also fallen foul of China’s regulators....
...In its latest transactions in the sector, Fosun struck a deal to buy the 80 per cent of Ironshore, another Bermuda-based insurer, that it did not already own for $1.84bn....
...He is already chairman of three unlisted companies – Northern Rock, the nationalised bank, and Paternoster and Ironshore in the insurance sector....
...CV Starr, an investment and insurance company run by Greenberg, and Ironshore Inc formed Iron-Starr Excess Agency, the companies said....
...So far this year, two Bermudan reinsurers – Validus and Ariel – have acquired Lloyd’s underwriters, while others, such as Ironshore and Montpelier, have built platforms in the US....
International Edition