Hub International Acquired CAPAX

Hub International Acquired CAPAX

Hub International Ltd. said in its recent statement that it has acquired Modesto, California-based brokerage CAPAX Management and Insurance Services Inc. Terms of the transaction were not disclosed. According to the statement, CAPAX provides multiline, personal and commercial insurance, and…

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Cayman Islands Reinsurers Form Industry Group

Cayman Islands Reinsurers Form Industry Group

A group of reinsurance companies located in the Cayman Islands formed a new industry group, the Cayman International Reinsurance Companies Association (“CIRCA”). Under its mission statement, CIRCA is “the industry group for commercial reinsurers located in the Cayman Islands, dedicated…

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