Brit Group News

Ambridge Partners LLC, a managing general underwriter of transactional insurance products, announced that specialty insurer Brit Limited has made a “significant strategic investment” in Ambridge. The amount of the investment, which is subject to regulatory approval, was not disclosed. Brit …

The Netherlands-based Brit Group and Canada’s Fairfax Financial Holdings Limited have announced that RiverStone, Fairfax’ runoff subsidiary, has entered into an agreement with Brit to purchase all of the outstanding shares of UK-based Brit Insurance Limited (BIL), which wrote UK …