Zurich Financial Services announced that through its private equity affiliates, investments totaling $200 million will be made as part of Zurich’s co-sponsorship with Aon Corporation of Endurance Specialty Insurance Ltd., a new Bermuda-based insurance capacity vehicle.
The new company will provide underwriting capacity to commercial property and casualty insurance markets.
Plans for the new company include capitalization of approximately $1.2 billion with investments from several other parties.
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
