White Mountains to Acquire a Majority Stake in Bamboo in California
White Mountains Insurance Group, Ltd. entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC ("Bamboo"), an MGA
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White Mountains Insurance Group, Ltd. entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC ("Bamboo"), an MGA
Bamboo also operates as a captive reinsurer participating in a small share of the underwriting risk of Bamboo's MGA programmes
/PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has entered into an agreement to acquire a...
Financial services holding company White Mountains Insurance Group Ltd. said Friday it has agreed to buy a majority stake in California homeowners insurance company Bamboo Ide8 Insurance Services LLC, with plans to invest roughly $285 million for a 70% stake in a deal built by Cravath Swaine & Moore LLP and Willkie Farr & Gallagher LLP.
/PRNewswire/ -- Bamboo Ide8 Insurance Services, LLC ("Bamboo"), a reimagined insurance company with a commitment to simplicity, transparency and customer...