Reinsurance News

BroadRiver Asset Management

Lombard International rebrands to Axcelus Financial following BroadRiver acquisition

23rd January 2024

Lombard International US & Bermuda has announced that it is rebranding to Axcelus Financial after getting acquired by an affiliate of specialised asset management firm BroadRiver Asset Management, L.P. The firm explained that as it embarks on a new chapter as Axcelus Financial, it will "continue to be a leader" in ... Read the full article

Lombard US/BDA appoints Chairman of the Board and CEO post BroadRiver acquisition

4th December 2023

Lombard US/BDA, the US and Bermuda business has appointed Hon. Tom Considine as Chairman of the Board and Michael Farrell as Chief Executive Officer. The appointment followed the recent acquisition of the specialist life and annuity focused re/insurer by an affiliate of BroadRiver Asset Management, L.P. from Lombard International Group. Lombard ... Read the full article