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Hamilton on acquisition trail

Bermuda-based Hamilton Insurance Group has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency platform at Lloyd’s and Ironshore Europe DAC (IEDAC).

The deal is expected to close by the end of 2019. Financial details of the agreement were not disclosed.

Hamilton said the transaction will almost double its total premium base. It added that deal will enable the group to work towards a leadership position in specialty insurance, while expanding its reinsurance capacity.

hamiltongroup.com

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Buss launches JV with Idea thumbnail image

Buss launches JV with Idea

June 14 - Hamburg-based Buss Offshore Solutions and French logistics provider Idea established a joint venture that will serve the offshore market in France.
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