Alwen Hough Johnson purchases 60% stake in Norwegian broker
Independent Lloyd’s broking house, Alwen Hough Johnson (AHJ) has purchased a 60% stake in Norwegian based Nilson Brokers Re AS, including its subsidiary Nilson Brokers AS.
AHJ said: ‘The Nordic region is a key business area for AHJ and this shareholding significantly strengthens AHJ and NB’s joint position as a leading reinsurance broker in this market. ‘
AHJ Chairman Hugh Price commented, “This is an exciting development for AHJ and will enhance our existing Scandinavian portfolio, which is a major part of the Company’s activities”.