TITLE

First Mercury to Acquire Valiant Insurance

AUTHOR(S)
Green, Meg
PUB. DATE
August 2010
SOURCE
Best's Review;Aug2010, Vol. 111 Issue 4, p109
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Valiant Insurance Group, from Ariel Holdings Ltd., by First Mercury Corp. worth 55 million dollars in the U.S. According to Ted Camp, chief underwriting officer of First Mercury, the move opens the door for First to enter the admitted market. As stipulated in their deal, Ariel will furnish First Mercury with full protection to Valiant's net loss and loss adjustment reserve expense.
ACCESSION #
53157620

 

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