Ardonagh to acquire Ed- and Besso-owner Corant for $500mn

26 May 2021

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Ardonagh has struck a deal to acquire Corant Global in a bold move that will create the largest independent specialty and wholesale broking business in London.

The deal would create a London market broking business with pro forma 2021 revenues of as much as $450mn, as Ardonagh makes a play to establish itself in the tier vacated by JLT.

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Ardonagh to acquire Ed- and Besso-owner Corant for $500mn

Ardonagh has struck a deal to acquire Corant Global in a bold move that will create the largest independent specialty and wholesale broking business in London.

Fuel a smarter strategy with our actionable market intelligence

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Ardonagh to acquire Ed- and Besso-owner Corant for $500mn

Ardonagh has struck a deal to acquire Corant Global in a bold move that will create the largest independent specialty and wholesale broking business in London.

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

Perils ups Central Europe, Italy flood loss estimate 10% to $2.16bn

ECB and Eiopa propose nat-cat reinsurance scheme which could tap ILS

Markel Catco completes run-off, NAV grows 52% in 2024

Graham steps down as CUO at Everest’s Mt Logan

Progressive upsizes Bonanza Re to $345mn as pricing falls ~18%