Nexus Underwriting Management News

Nexus Acquires Beacon, Hong Kong-Based Marine MGA

Nexus Underwriting Management Ltd. has acquired 100 percent of the shareholding in Hong Kong-domiciled Beacon Underwriters Ltd., a marine managing general agent. Beacon was established in 2009 as a Lloyd’s coverholder to write marine cargo, hull and machinery and ports …

UK’s Nexus Underwriting Takes Over Torus Executive Risks

UK-based Nexus Underwriting Management Limited announced that it has acquired Torus Insurance Holdings Limited entire holding in Torus Executive Risks Ltd (TER) with effect as of August 30, 2013. Following the acquisition, Nexus, as the sole owner of TER, renamed …

UK MGA Nexus Group Concludes Financial Lines Coverage Pact with PartnerRe

Nexus Group, a London-based Specialty MGA, has announced a transaction with reinsurer PartnerRe, which covers the current core financial lines underwritten by Nexus for a term of up to five years. Colin Thompson, CEO of Nexus Group said: “This partnership …