Hale completes Monarch takeover
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Hale completes Monarch takeover

Martha Muir
06 July 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
business background of businessman having handshake

Hale Group has taken majority ownership of Monarch, with FedNat holding a minority interest, as the firm said it had secured “appropriate and responsible” reinsurance protection for the hurricane season.

Funds managed by Hale have invested $15mn in Monarch, in a deal announced in May. FedNat will maintain representation on the board.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsM&A
MM
Martha Muir
Gift this article