Sedgwick eyed by private equity in potential $6bn deal

M&A news

Claims firm Sedgwick could be snapped up by private equity group Carlyle for $6bn (£4.6bn), it was reported.

Reuters reported that Carlyle is in competition with buyout firm Hellman & Friedman for the acquisition of Sedgwick.

The newswire reported that current Sedgwick owner KKR, which bought the loss

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.