Private equity house Carlyle Group aims to sell off up to 20% of its stake in RAC.
Carlyle bought RAC from Aviva for £1bn – which values the stake at around £200m.
Singaporean sovereign wealth fund GIC is waiting in the wings to snap up a share, City AM reports.
Aviva agreed to keep the RAC pension fund, but on the condition that Carlyle improved its equity bid, the newspaper reports.
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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