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”.
While there are rumors of U.K.-based insurance broker BMS Group Ltd.’s owners mulling the sale of the brokerage for $720 million, the broker may instead be looking at a potential transaction to expand its capital base to fund future growth, Artemis reported citing Bloomberg. Total sale of shares by the two major stakeholders – British Columbia Investment Management Corp. and Preservation Capital Partners Ltd. – seems unlikely. BMS has a strong specialist reinsurance business, which earned around $95 million in revenue in 2021.