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** Private equity-backed insurance broker Confie Seguros isbuying the retail auto insurance unit of Affirmative InsuranceHoldings in its largest in a series of acquisitions tobuild up its business with Hispanic customers around the UnitedStates. Affirmative Insurance Holdings said the deal includes$100 million in cash and up to $20 million in additionalproceeds. It intends to use the money to pay down debt and focuson its business as an insurance carrier.
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pharmasepa.co.il The global markets and financial advisory firm appointedSandeep Gill, Barry Dick, Martin Otway and Nicholas Loh inSingapore to strengthen its presence in AsiaPacific. StormHarbour said it has acquired the team from theOPVS Group. Gill and Dick both join as principal and managingdirector. Otway and Loh join the firm as directors.