Announced
Completed
Financials
Sources
Tags
Minority
Acquisition
Reinsurance
insurance and reinsurance
Bermuda
Cross Border
Single Bidder
Private
Friendly
Completed
Synopsis
Travelers, an American insurance company, completed the investment in Fidelis Insurance, an insurance and reinsurance company. Financial terms were not disclosed. "Travelers and Fidelis are leaders in their fields, with proven track records in our respective markets. We believe that there will be opportunities to learn from each other and work together,” Hinal Patel, Fideli Group Chief Financial Officer.
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