Apollo poised to purchase stake in Lloyd's of London underwriter Ariel Re, according to The Insurance Insider
And according to top hack Adam McNestrie, who edits The Insurance Insider, another major insurance deal is on the cusp of being announced: the sale of BTG Pactual's 50pc stake in Ariel Re to Leon Black's buy-out shop Apollo for $135 million. If you want the gory details, click on the link below:
Date:Wednesday, 05 October 2016 5:22 pm
