JC Flowers & Co. to acquire majority stake in Niyam Group
JC Flowers & Co. agreed to buy a majority stake in Niyam Group, a reinsurance platform operating in GIFT City in India. The private equity firm will also act as lead investor in Niyam Syndicate 2047, a newly created syndicate at Lloyd’s. Niyam aims to link international capital with insurance opportunities in India and other…