Announced
Financials
Tags
Property and Casualty Insurance
Domestic
property and casualty insurance
Majority
United States
Pending
Private
Acquisition
Single Bidder
Friendly
Synopsis
Fortitude Re, a composite reinsurer, agreed to acquire Plans’ Liability Insurance Company, a licensed property & casualty insurer, from White Mountain Insurance, a financial service holding company. Financial terms were not disclosed. This acquisition enables Fortitude Re to provide enhanced transactional flexibility and additional structural solutions to clients.
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