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JLT Re, the reinsurance arm of Jardine Lloyd Thompson Group P.L.C., on Thursday said it has acquired the portfolio of Lima, Peru-based Olsa Re.
Terms of the deal were not disclosed.
Olsa Re is a Lima, Peru-based reinsurance broker that specializes in construction, mining, energy, oil and aviation, serving Colombia, Ecuador and Costa Rica, JLT Re said in a statement.
Olsa Re aviation brokers Jose Espinosa and Clara Escobar have joined JLT Re Peru to manage the aviation line, according to the statement.
JLT Re, the reinsurance brokerage arm of Jardine Lloyd Thompson Group P.L.C., on Tuesday said it has named Philadelphia-based Mark Shumway global head of strategic advisory.
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