Business Moves

Willis Launches Global 360 to Specialty Clients

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’ …

Aspen Re Forms Rock Re in U.S. for Facultative Brokered Property

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 …

Integro Acquires UK-Based Broker Doodson

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 …

Business Moves

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 …

MAPFRE Enters Indonesian Market with 20% Stake in ABDA

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 …

Swiss Re in Pact with Pacific Century for Asia Life Investment

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 …

Catalina Completes Acquisition of American Safety Re

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 …

Montpelier Re Sub Blue Capital Re Files for IPO

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 …

AXA ART Joins Brazil’s SulAmérica to Offer Art Insurance

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 …

Business Moves

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. …

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