BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
LONDONMunich, Germany-based reinsurance and insurance group, Munich Reinsurance Co. has acquired London-based broker and underwriting managing general agent Bell & Clements Ltd.
The company, which acts as a Lloyd's of London broker, is a managing general agent in the United Kingdom and the United States. It operates in the United States through Bell & Clements Inc., based in Reston, Virginia.
Bell & Clements, manages some $300 million of primary business, including property and small commercial business, on behalf of Munich Re and other insurers.
Georg Daschner, member of Munich Re's board of management said: "The acquisition of Bell & Clements is a first response to Munich Re's recently announced strategy to achieve bottom-line growth. We are leveraging our combined insurance and reinsurance capabilities in order to exploit broader business possibilities."
The purchase price and terms of the deal were not disclosed.