White Mountains to sell NSM Insurance Group to Carlyle for $1.8bn
White Mountains Insurance Group, a Bermuda-domiciled financial services holding company, has agreed to sell NSM Insurance Group to investment funds affiliated with Carlyle for $1.775 billion. NSM Insurance Group is a US-based full-service managing general agent (MGA) and program administrator for specialty property and casualty insurance. It places insurance in niche sectors like social services, […]