AGF, the French subsidiary of Germany’s Allianz, has acquired a 25 percent stake in U.K. based maritime insurance manager Tindall Riley Marine for an undisclosed amount.
TRM, one of six major marine mutual insurance groups, manages operations for the Britannia Steamship Insurance Association Ltd., which insures 14 percent of the world’s commercial fleet – over 75 million tons.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Claims Against NYC Rental Buildings Nearly Doubled Since 2021: Milford Street 
Hurricane to Threaten Hawaii With Flooding Over Weekend 
New Data Centers Worth $68 Billion Disrupted in US, Data Show 
FEMA’s New Flood Maps Means More Homes Require Flood Insurance: Cotality 
