Citadel Risk rebrands Cedar Management as acquisition completes

Citadel Risk, a Bermuda-based niche reinsurer, has completed the final step in its acquisition of consulting firm Cedar Management.

Cedar Management now becomes Citadel Management Bermuda. The name of US-based Cedar Consulting, the captive insurance consulting firm, remains unchanged.

The change of name reflects the integration of Cedar into the Citadel Risk Group. The Group is now able to provide a cradle-to-grave captive management service, offering captive & segregated cell set-up, captive management, stop loss and fronting re/insurance and finally, legacy solutions for closure of captive entities.