Finance / United States
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First Reserve Creates New Specialist Insurance Group
June 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Energy-focused private equity firm First Reserve invested US$720mn to back the formation of Torus Insurance Holdings (Bermuda), a specialist insurance company. A group of senior insurance practitioners who will make up the management team at Torus will partner First Reserve in the initial investment in the firm.