Esure owner could pay up £1bn for business
Esure owner Bain Capital is in talks to buy the remainder of LV=.
LV= sold off its general insurance arm completely to Allianz last year.
It is now a life, pensions and investment business.
The deal could cost the private equity giant anywhere between £500m to £1bn.
“Discussions between LV= and Bain Capital are ongoing and there can be no certainty that any transaction will be agreed, nor any certainty as to the terms on which any such transaction might proceed,” the company said in a statement.
Bain Capital snapped up esure for £1.2bn in August 2018.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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