October 24, 2013
Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it described as “a pioneering suite of capacity facilities for its specialty insurance clients. The rollout of Willis’ …
October 23, 2013
Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited has formed Rock Re, a new dedicated brokered property facultative unit within its US operation. Rock Re “builds on Aspen Re’s existing direct property facultative offering in the United …
October 22, 2013
International insurance brokerage and risk management firm Integro announced it has acquired Doodson Broking Group, a UK-based entertainment and sports specialist that also provides full service commercial and private client broking services. Doodson was established in 1964 in Manchester. It …
October 21, 2013
Confie Seguros Personal lines insurance brokerage Confie Seguros acquired three additional brokers: James S. Sullivan Agency and Advanced Auto Insurance in New York, and Family Insurance in Corpus Christi, Texas. James S. Sullivan Agency is an independently owned agency selling …
October 17, 2013
Spain’s MAPFRE announced that it has acquired a 20 percent stake in the Indonesian insurance company Asuransi Bina Dana Arta (ABDA), and “has established a partnership in which MAPFRE becomes the industrial insurance partner that will provide the necessary expertise …
October 16, 2013
Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million in FWD Group, describing it as a confirmation of its “commitment to the High Growth Markets.” Swiss Re’s investment in …
October 9, 2013
Catalina Holdings (Bermuda) Ltd. announced that it has completed its acquisition of American Safety Reinsurance, Ltd. (AS Re), from Fairfax Financial Holdings Limited, following approval from the Bermuda Monetary Authority. “AS Re will be consolidated into Catalina’s existing operations in …
October 8, 2013
Bermuda-based Montpelier Re Holdings Ltd. and its wholly owned subsidiary Blue Capital Reinsurance Holdings Ltd. have announced that Blue Capital Re “has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the …
October 8, 2013
AXA ART announced that it has “joined forces with Brazil’s largest independent insurer, SulAmérica, to offer art insurance products and related services to insure the collections of a growing Brazilian art market. “The alliance serves to make available a portfolio …
October 7, 2013
Ryan Specialty Group, S.H. Smith & Co. Ryan Specialty Group LLC has agreed to merge S.H. Smith & Co. Inc. into R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group. Terms of the transaction were not disclosed. S.H. …