Hale completes Monarch takeover
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Hale completes Monarch takeover

Martha Muir
06 July 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
business background of businessman having handshake

Hale Group has taken majority ownership of Monarch, with FedNat holding a minority interest, as the firm said it had secured “appropriate and responsible” reinsurance protection for the hurricane season.

Funds managed by Hale have invested $15mn in Monarch, in a deal announced in May. FedNat will maintain representation on the board.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&A
MM
Martha Muir
Reporter
Gift this article