UAE: Miller expands reinsurance offering in MENA via acquisition of Shields

Source: Middle East Insurance Review | Apr 2026

Miller, the independent specialist (re)insurance broker, has agreed to acquire Shields Reinsurance Brokers (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval.

The acquisition of Shields will be highly complementary to Miller’s (re)insurance strategy and expanding multinational presence, building on its strong EMEA market reach, according to a statement released by Miller.

The announcement follows the recent acquisition of AHJ Holdings in 2025, which significantly accelerated Miller’s reinsurance footprint.

The transaction is subject to regulatory approval and is expected to close in the second quarter of this year. The financial details of the deal are not disclosed. M

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