Brit Group Specialty, an Amsterdam-based global specialty insurance and reinsurance firm, is all set to expand its distribution network in Bermuda with the opening of new branch office. The new office, which is subject to regulatory ...
Tags: Brit Group, Distribution Network
Brit Global Specialty USA (BGSU), a US based service company of Brit Insurance, has completed a temporary 100% quota share reinsurance of Maiden Holdings' Excess and Surplus (E&S) division, Maiden Specialty. As part of this arrangement, ...
Tags: Brit Global, Maiden Specialty
Fairfax Financial Holdings’ RiverStone runoff subsidiary has signed an agreement with Brit Group to buy all the outstanding shares of Brit Insurance Limited (BIL) of London, England for an undisclosed sum. According to the insurer, ...
Tags: Fairfax, subsidiary, BIL, London
Fairfax Financial Holdings has acquired the entire outstanding shares of London-based Brit Insurance, following the receipt of all regulatory approvals. The $300m acquisition was carried out through its runoff subsidiary RiverStone based ...
Tags: acquisition, RiverStone, Brit Insurance, insurance, reinsurance