GIC buys stake in reinsurance broker Miller Insurance
Posted On: Apr. 2, 2024 10:04 AM CSTSingapore’s sovereign wealth fund GIC Private Ltd. has completed its buyout of U.K.-based private equity firm Cinven Ltd.’s stake in U.K.-based specialist reinsurance broker Miller Insurance Services L.L.P. for an undisclosed amount, Verdict reported. GIC is now the majority shareholder of Miller.