Willis Re to acquire BMS Re US, accelerating geographic growth
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7 Articles
Willis Re to acquire BMS Re US, accelerating geographic growth
Specialist international reinsurance broker Willis Re has reached an agreement to acquire BMS Re, US, the US reinsurance arm of independent broker BMS Group for an undisclosed sum, subject to regulatory approval and other closing conditions. The definitive agreement to acquire BMS Re, US includes BMS Intermediaries Inc., BMS Capital Advisory LLC, and the associated US reinsurance broking team based in London. For Willis Re, the addition of BMS R…
Deals: BMS Group Agrees Sale of US Reinsurance to Willis Re
The latest M&A activity news for you; BMS Group, the independent specialist insurance and reinsurance broker, has announced it has entered a definitive agreement to sell its US Reinsurance division (BMS Re US) including BMS [...] The post Deals: BMS Group Agrees Sale of US Reinsurance to Willis Re appeared first on .
In 2024, WTW decided to revitalize the Willis Re brand together with investor Bain Capital. However, in order to compete with reinsurance brokers, the necessary presence in the USA was lacking. This step is now taken with the acquisition of the US division of the BMS Group. After speculating on advanced negotiations in the media weeks ago, the official confirmation now follows. The article Expansion in the USA: Willis Re acquires US business of …
Reinsurance broker Willis Re acquires BMS Re US, the US Reinsurance brokerage business of BMS. This significantly strengthens the company with which the parent company WTW wants to regain its presence in the US. Willis Re buys the US Reinsurance business of BMS Re© iStock/Tippapatt Reinsurance broker Willis Re buys the US Reinsurance division of the broker BMS Group. These include BMS Re [...]
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