Bermuda reinsurer Ariel Re has been tipped as a front-runner to buy Lloyd's insurer Talbot, according to senior sources...
Bermuda reinsurer Ariel Re has been tipped as a frontrunner to buy Lloyd's insurer Talbot, according to senior sources.
A UK-based company is also thought to be making strong advances.
Ariel Re, one of the Class of 2005 start-ups, led by industry veteran Don Kramer, underwrites property, marine and energy and professional risks business.
According to a Towers Perrin Bermuda news update, Talbot was put up for sale for an estimated £200m ($390m) by its private-equity owners, Black Diamond Group, run by former Equitas director Heidi Hutter, Olympus and Reservoir Capital Group.
Both Talbot and Ariel declined to comment.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
