PartnerRe completes acquisition of Presidio
PartnerRe has successfully completed the acquisition of California-based Presidio Reinsurance Group.
PartnerRe will pay $72 million for reinsurance carrier Presidios managing general agency and tangible book value.
The US specialty accident and health (re) insurer underwrites about $250 million worth of accident and health premiums.
It also writes medical treaty reinsurance, employer stop-loss insurance, and accident insurance and reinsurance.
PartnerRe announced the successful completion of the acquisition yesterday saying all regulatory approvals have been received for the deal.
Bean in firing line
‘Irrational’ comments attacked
Missing boat shows up
Public sex offenders list on agenda
Take Our Poll
- Which of the following best describes your opinion on how Senior Civil Servant job positions should be granted?
- Senior civil servants should be appointed on a temporary contract renewable basis.
- Senior civil servants should continue to be appointed on a permanent basis
- Don't Know
- Total Votes: 2155
- Poll Archive