PIB Group acquires German reinsurance and insurance broker Marx Re
PIB Group, a UK-based insurance intermediary group, has acquired Marx Re-Insurance Brokers (Marx Re), a German reinsurance and insurance broking company for an undisclosed price. The acquisition of the Munich-based insurance company is said to reflect PIB Group’s ongoing goal of global expansion while widening its proposition into offering reinsurance solutions. Established in 2009, Marx […]