Fosun International Limited News

Michigan’s Meadowbrook Insurance Changes Name to AmeriTrust Group

Meadowbrook Insurance Group Inc. in Southfield, Michigan, has changed its name to AmeriTrust Group Inc. (AmeriTrust). AmeriTrust begins as an autonomous, vertically integrated risk management organization with strategic business units designed to withstand economic cycles. The company plans to increase …

Meadowbrook Insurance Shareholders Approve Acquisition by Fosun

Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited. In late December 2014, Fosun, a Chinese investment group agreed to acquire Meadowbrook for approximately …

Peak Re Launched in Hong Kong for ‘Underserved’ Asia Pacific Markets

Peak Reinsurance Company Limited formally announced that it has opened for business. The new reinsurer, established to capture the growing demand for modernized reinsurance solutions in Asia Pacific, said it has “successfully obtained the formal authorization by the Office of …