Aon Re Global Acquires Peruvian Reinsurance Intermediary Cosegur Re

Aon Re Global, a unit of Aon Corporation, announced it has acquired Peruvian reinsurance intermediary Cosegur Re, “offering clients in Peru greater access to worldwide reinsurance markets” and Aon Re Global’s catastrophe modeling and servicing capabilities.

Terms of the agreement, which closed May 2, were not disclosed.

“The acquisition of Cosegur Re, the largest reinsurance intermediary in Peru, offers Aon Re Global and its clients in Central and South America additional expertise, particularly in the areas of life and marine reinsurance,” said the bulletin.

Andrew Appel, CEO of Aon Re Global indicated that adding the “Cosegur Re team into the Aon Re Global network will provide significant value to our clients in the region while strengthening our global talent base and integrated capital solutions approach.”

Source: Aon Re Global – http://www.aon.com