Gallagher, Jiang Tai launch reinsurer

Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co. officially launched Jiang Tai Re with partner Jiang Tai Insurance Brokers Co. Ltd recently.

Jiang Tai Re is a Shanghai, China-based reinsurance brokerage. Frank Lu, president of Jiang Tai Insurance Brokers will lead the team. Arthur J. Gallagher's specialist reinsurance partner, Capsicum Re, will service and support the team on treaty and facultative business, Arthur J. Gallagher said in a statement.

Jiang Tai Re aims to help Chinese enterprises operating overseas to expand internationally and to establish Shanghai as a regional reinsurance centre, according to the statement.