City Of London
Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer
- Evercore is helping the shareholders on strategic review
- Insurance group could be worth up to £2 billion in a deal
Inigo Ltd. offers insurance and reinsurance services for commercial risks, such as natural catastrophes and cybersecurity.
Photographer: Jose Sarmento Matos/BloombergThis article is for subscribers only.
The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to people familiar with the matter.
The shareholders, which include buyout firm JC Flowers & Co. and Qatar Investment Authority, are working with Evercore Inc. on the strategic review, the people said. They are seeking a valuation of as much as £2 billion ($2.5 billion), one of the people said.