BP Marsh sells Trireme stake to US Risk for £3mn

Insurance-sector private-equity investor BP Marsh has agreed to
sell its 29.94 percent stake in Trireme Insurance Group for
£3.0mn ($3.75mn) to fellow shareholder US Risk, another
PE-backed firm.
The conditional disposal includes £51,345 of dividends
payable on completion.
The deal, excluding dividends of £51,345, indicates an
effective uplift of 15 percent in the value of BP Marsh's
investment and a rate of return including fees of 15.6 percent
since 2010, when it was made. Tr