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Transaction is expected to close on or about October 11

Industry veterans David Sowery and Nigel Dane assume top roles in the organisation’s International Treaty business

The global broking group said further talent is to be identified in the coming months to drive capabilities and expertise on the island

The company, which operates in more than 140 countries, has two operations in Bermuda

Rebranded organisation is led by group president Chris Bonard

Ben Savill is to become CEO of Pacific at the global risk and reinsurance specialist

Neville Ching, CEO of independent Bermuda reinsurance brokerage ReFlex Solutions, predicts the 2024 outlook is also positive

The long time Bermuda market specialty reinsurance broker has worked for the last decade at Hamilton Re

Dan Reichert and Leanne Berry will be key points of contact for Vantage Risk’s US brokers and clients

The company said the experienced brokers have been added in Bermuda and London as clients benefit from a multi-class, highly dedicated, broking team

Willis (Bermuda) Limited has promoted several senior members of staff

Aon, which has offices in Bermuda, has reported first quarter net income of more than $1 billion