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Zurich Insurance Group (Zurich) subsidiary Farmers Group, Inc. (FGI) has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S. together with the Farmers Exchanges 1 for USD 3.94 billion 2 .
11 Δεκ 2020 · Zurich Insurance Group subsidiary Farmers Group, Inc. and Farmers Exchanges have completed the acquisition of MetLife’s property and casualty (P&C) business in the U.S. for a total purchase price of USD 3.94 billion.
Swiss insurer Zurich is to expand in the US with its $3.9bn acquisition of MetLife’s property and casualty insurance business. The MetLife business sells motor and home cover, and will give...
Maryland Casualty Company, which later became part of Zurich, originated a $7.5 million performance bond and a $2.5 million bond to cover labor and materials, among the largest bonds ever written to that date.
7 Απρ 2021 · NEW YORK-- ( BUSINESS WIRE )--MetLife, Inc. (NYSE: MET) today announced the completion of its sale of Metropolitan Property and Casualty Insurance Company and certain wholly-owned subsidiaries...
11 Δεκ 2020 · Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID-19 pandemic made motor...
7 Απρ 2021 · NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced the completion of its sale of Metropolitan Property and Casualty Insurance Company and certain wholly-owned subsidiaries to Farmers Group, Inc., a subsidiary of Zurich Insurance Group, for a purchase price of $3.94 billion in cash.