Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and reinsurance. Financial details of the deal were not disclosed. …
Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates Limited (LSA). The transaction is expected to complete on Dec. 22, subject to certain closing conditions, following which XBGL will …
Nexus Underwriting Management Ltd. (NUML), the London-based specialty managing general agent and intermediary, announced it will be renamed Kentro Capital Ltd. Nexus Underwriting (Nexus), the specialty MGA, and Xenia Broking (Xenia), the leading credit insurance and surety distribution specialist, will …
