Investment ‹ Press Releases

Nov

2017

Ascent announces investment by Preservation Capital Partners

Posted on 2nd November 2017 by Gavin Warren and has No comment

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, has agreed that Preservation Capital Partners (“Preservation Capital”) will take a substantial stake in the business subject to regulatory approval. The existing management team of Ascent will retain a significant shareholding in Ascent and will continue to […]

Feb

2017

Asta invests in new London and Dubai reinsurance MGA – Arma Underwriting Limited

Posted on 27th February 2017 by Gavin Warren and has No comment

Asta, the leading Lloyd’s third party managing agent and specialist MGA investor, is pleased to announce it has agreed a transaction to finance the development of Arma Underwriting Limited. Asta will take a minority equity stake in Arma and will also support the company’s infrastructure including finance and IT. Arma received ‘in principle’ approval from the Dubai Financial Services Authority on 19 February, and remains subject to approval […]