GIC finishes acquisition of majority share in Miller

GIC bought the entire share of Cinven in Miller.

Miller, an independent specialist (re)insurance broker, announced the completion of GIC's acquisition of Cinven’s shares in the company.

GIC and Cinven initially invested in Miller in 2021. Over the years, Miller has experienced substantial growth through organic expansion and strategic international mergers and acquisitions.

ALSO READ: International revenues soar 44% for Miller, Asia expansion notable

Recently, Miller disclosed its 2023 results, revealing a remarkable 26% increase in total revenues to £240m and placing a gross written premium of approximately $4b.

With this transaction, GIC becomes Miller’s majority shareholder. Miller now holds a workforce of over 900 professionals spread across offices in the UK, Europe, Bermuda, and Asia.

Follow the link s for more news on

Miller

Acquisitions

insurance

Also Read

APAC reinsurers poised for growth on the back of sustained demand

Double-digit premium growth lifts AIA to record value of new business in Q3

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit