Calomex delivers reinsurance solutions to Mexican surety providers, with treaties typically placed into the Miami, Continental European and London markets. BMS will acquire Calomex in full. The acquisition forms part of BMS Re LAC’s strategy to expand upon its current Miami hub into the region’s biggest reinsurance markets and follows the acquisition of PWS Mexico and the launch of BMS Re Brazil, in 2021. The addition of Calomex provides BMS Re a platform for enhancing its existing treaty reinsurance offering in Mexico.
Bringing on board the Calomex team is of real strategic importance to BMS as it further strengthens expanding reinsurance capabilities in Latin America. BMS is a dynamic, independent, global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. A global brand with offices located across the US, Canada, Latin America, Australia, Europe, and Asia with both a strong local focus and understanding of market needs.