The St. Paul Companies has completed the sale of its nonstandard auto insurance business to the Prudential Insurance Company of America. Prudential purchased the nonstandard auto insurance business marketed under the Victoria Financial and Titan Auto brands for approximately $200 million. The purchase includes the THI Holdings Inc. legal entity and all of its subsidiaries, including the Victoria and Titan Groups. The St. Paul Companies, headquartered in St. Paul, Minn., provide property-liability insurance, reinsurance and life insurance products and services worldwide.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
At-Bay to Be Acquired by Munich Re for $575 Million 
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case 
Progressive Boosts Exposure With Football Field Logos at 13 Universities 
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review From This Issue
