Wednesday, 05 October 2016 5:22 pmAnd 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:
Friday, 16 September 2016 7:11 pmThe finalisation of the deal follows some quite bizarre behaviour by "people familiar with the AIG" who went out of their way to obfuscate when I approached the company with the story. But little old Betaville backed his sources and ran the story anyway.
Tuesday, 23 August 2016 8:58 pmI see the Twitterati on Twitter (there are quite a few letters beginning with the word twit, here) are claiming the Wall Street Journal had the "scoop" about AIG selling Ascot, the Lloyd's of London insurer.