Wednesday, 7 October 2015
Last updated 12 hours ago
Jul 16 2012 | 9:41am ET
Philadelphia Financial Group, a high-net-worth private placement insurance provider, has acquired the private placement insurance business unit of The Hartford Financial Services Group.
Philadelphia Financial now administers over $40 billion in insurance policy accounts.
“This transaction marks an important milestone in our acquisition growth strategy,” said Philadelphia Financial CEO John K. Hillman in a statement.
Reinsurance Group of America provided financing to Philadelphia Financial in this transaction.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…