Big three insurers along with private equity mentioned in bid for Groupama
Zurich, Allianz and AXA, along with several private equity firms, are considering making a bid for Groupama, according to reports.
Bids are due in on Tuesday, according to The Independent on Sunday. RSA is thought to have taken a look but stepped back.
As reported by Insurance Times, broking subsidiaries Bollington and Lark are understood to be undergoing management buyouts. Bike broker Carole Nash is more likely to be sold off to a trade player. The insurance arm is likely to be sold separately. The two units could pull in a total of £300m for Groupama group, based in France.
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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