W. R. Berkley Corporation announced that it has signed a letter of intent to acquire Oslo, Norway-based NEMI Forsikring ASA, which focuses on specialty lines of insurance.
The terms of the letter of intent were not disclosed and Berkley said “any agreed-upon transaction would be subject to the completion of final due diligence, execution of a definitive purchase agreement and receipt of required regulatory approvals.
“NEMI has provided specialty insurance protection since 1989.”
Source: W.R. Berkley – www.wrberkley.com
Was this article valuable?
Here are more articles you may enjoy.
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Anthropic Plans Wide Release of Mythos-Level AI Models in Weeks 
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
