Ardonagh Specialty will rebrand its reinsurance business to Price Forbes Re. The new brand will apply to Inver Re in London and Bermuda and Equinox Re in the US. The move builds on the group’s work to simplify its brands in 2023 and Price Forbes will become the group’s main brand for wholesale businesses.

Chris Bonard, incoming president of Price Forbes Re, said: “Price Forbes Re will build on more than 100 years of specialist insurance broking by creating a reinsurance specialist business that is energetic, entrepreneurial, progressive, and bold.

“In an increasingly complex world, success in business relies more than ever on effective and strategic risk management and Price Forbes has a reputation for partnering with clients around the world who are looking to understand and balance today’s risk and plan for the future.”