Balavant Insurance Group has launched Sentric Specialty, a new program manager (PA) aimed at providing specialized insurance solutions for emerging and niche risks. The new business, led by CEO Florian Beerli, will focus on areas including manufacturing, crisis management and professional liability. Sentric’s first product development in manufacturing defect protection is designed to address what…
KKR & Co. Inc. (KKR), headquartered in New York, is a global investment firm providing alternative asset management, capital markets expertise and insurance solutions. With a market capitalization of approximately $93.4 billion, it allocates capital across real assets, credit and liquid strategies while serving institutional and individual clients with tailored retirement, life, reinsurance and capital…
Hildene Capital Management has signed a definitive agreement to acquire SILAC Insurance Company’s parent operation, SILAC, marking a step forward in the growth of Hildene’s insurance solutions platform. With the acquisition, Hildene will purchase all of SILAC’s outstanding common stock for approximately $550 million in cash, subject to regulatory approval and customary closing conditions. It…
