Portugal
AmTrust saves Wakam insurers with injection of EUR 100 million
Publication: ECO
Author: ECO Seguros
Source published: 26/10/2026, 10:50:12 UTC
Briefing created: 26/10/2026, 10:58:14 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 10:56:24 UTC.
Briefings
AmTrust International acquired the French insurer Big Wakam to restore its solvency, injecting approximately 100 million euros immediately. This acquisition resolved a regulatory crisis triggered by French supervisor ACPR restrictions in late September 2026, allowing Wakam to resume new business and renew policies. The transaction involved a nominal value with a 'best fortune' return clause, and AmTrust's 14% stake in the management structure remains unchanged.
Key points
- AmTrust International acquired Big Wakam to restore solvency after French supervisor ACPR imposed restrictions on late September 2026.
- The acquisition injected approximately 100 million euros immediately to restore solvency levels required for resuming new contracts.
Context
AmTrust International, part of the American financial group, acquired Big Wakam to restore solvency after French supervisor ACPR imposed restrictions on late September 2026. The acquisition allowed Wakam to resume new business and renew policies after the regulatory intervention.
Limitations
Transaction value was not disclosed; specific details on the 'best fortune' return clause and the exact nature of the 14% stake in management structure are not fully detailed in the evidence.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 26/10/2026, 10:58:14 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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