Noraxis Capital Corp News

Arthur J. Gallagher Buys Canada Broker Christie-Phoenix & Its Affiliate, Discovery

Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has extended its investment in Canada with the acquisition of retail insurance broker Christie-Phoenix (Victoria) Ltd. and its affiliate, Discovery Insurance Services …

RSA to Sell Canada Broker Unit Noraxis to A.J. Gallagher for $460 Million

The UK’s RSA Insurance Group Plc said on Monday it had reached agreement to sell its majority-owned Canadian brokerage business – Noraxis Capital Corp. – to U.S. insurance broker Arthur J. Gallagher & Co. for C$500 million (US$460.60 million). One …