Business Moves & Mergers News
Mitsui Buys 15% of XL’s New Ocean Capital; Commits $100M Investment Funds
Mitsui & Co., Japan's second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd. and Stone Point Capital to make ...
Neon, Formerly Marketform, Opens Bermuda Office; Former Ariel CUO Fisher Is CEO
The specialist Lloyd's insurer Neon, formerly known as Marketform, announced it has opened an office in Bermuda as it grows its international footprint with greater access to both the Bermudian and ...
Nexus and XL Catlin Ink 3-Year Deal to Write Financial Lines in Asia
Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new ...
Berkshire Hathaway’s MedPro to Buy Oklahoma Insurer
Berkshire Hathaway's MedPro Group has agreed to acquire Oklahoma healthcare liability insurer PLICO Inc., which is owned by the Oklahoma State Medical Association (OSMA). The boards of each entity ...
Willis Completes Majority Investment in London Broker Miller
Reinsurance broker Willis Group Holdings said it has completed its investment in Miller Insurance Services LLP that will enhance its wholesale insurance brokerage business and expertise in marine ...