Ardonagh valued at $14bn following investment from Stone Point Capital

David Ross, CEO of Ardonagh

The Ardonagh Group has secured an equity investment from funds managed by US-based private equity firm Stone Point Capital LLC.

The investment values Ardonagh at $14bn (£11bn).

Completion is expected to take place in mid-2025, at which point Stone Point will become a significant shareholder in Ardonagh, alongside Madison

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

CII to overhaul qualifications

The Chartered Insurance Institute intends to ditch three-hour examinations and overhaul all 115 units, plus around 50 qualifications in the next couple of years.

FSCS hires Martyn Beauchamp as CEO

The Prudential Regulation Authority and Financial Conduct Authority have appointed Martyn Beauchamp as CEO of the Financial Services Compensation Scheme.

Admiral chiefs share thoughts on Aviva/DLG deal

Admiral’s CEO and CFO have said they are keeping a “close eye” on how Aviva’s acquisition of Direct Line Group develops, but insist the business will not be making any reactionary changes.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here