Reinsurance News

xenia broking

Xenia names Steven Stennett as CEO

7th February 2024

Xenia Broking Group Limited (XBGL), a Brown & Brown group company, has announced the appointment of Steven Stennett as Chief Executive Officer (CEO), taking over the role from Tim Coles. Stennett brings to his new role over 25 years of experience in the trade credit insurance sector, holding leadership roles in ... Read the full article

Brown & Brown to acquire Kentro Group by Q4 2023

23rd May 2023

J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., announced that the company has entered into an agreement to acquire Kentro Capital Limited. The transaction is expected to close in Q4 2023, subject to certain closing conditions, including the receipt of required regulatory approvals. The Kentro Group and its ... Read the full article

Xenia Broking takes majority stake in Hong Kong-based Capstone

13th April 2022

Xenia Broking Group Limited, the credit insurance and surety specialist, has acquired a majority stake in Hong Kong-based insurance broker, Capstone Insurance Brokers Limited - its ninth acquisition in three years. The takeover of Capstone Insurance Brokers marks the beginning of Xenia's international expansion and broadens the group's product offering into ... Read the full article

Nexus Underwriting Management rebrands itself as Kentro

23rd February 2022

Nexus Underwriting Management has rechristened itself as Kentro Capital Limited. The London-based intermediary firm said that it and Xenia Broking will operate as ‘discinct, independent brands’ under the Kentro holding company. Colin Thompson will continue to lead Kentro as Chief Executive Officer. Tim Coles will remain Chief Executive Officer of Xenia ... Read the full article