Agri-business News

1st Cayman Portfolio Insurance Company Formed by Ascension Insurance

The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance regulations Cayman enacted in January to provide risk management alternatives for insurers incorporated as segregated portfolio companies (SPCs). AARIS Insurance …

JLT Subsidiary Acquires Irish Broker FBD Insurance

JLT Insurance Brokers (Ireland) Ltd, a wholly owned subsidiary of the Jardine Lloyd Thompson Group plc, has acquired FBD Insurance Brokers Ltd, which is based in Ireland, from FBD Holdings plc. The bulletin also noted that as “part of this …