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Miller completes acquisition of Dubai-based reinsurance broker Shields
['Saumya Jain']
ReinsuranceNe.ws
Specialist re/insurance broker Miller has completed the previously announced acquisition of Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, following the receipt of all necessary regulatory approvals.
The capabilities of both brokers will be brought together under one unified brand, Shields Miller, which will be a part of the Miller Group.
The transaction aligns with Miller’s expanding re/insurance strategy and growing multinational presence, following the acquisition of AHJ Holdings Ltd in 2025.
James Hands, Chief Executive Officer (CEO), Miller, commented, “We are pleased to have completed the acquisition of Shields, marking an important step in strengthening Miller’s presence across the MENA region.
“Building on last year’s acquisition of AHJ, this partnership enhances our treaty reinsurance capabilities and establishes a strategic placement hub in Dubai.