The Nasdaq Stock Market Inc. has completed the acquisition of a 50 percent ownership interest in The NASDAQ Insurance Agency from a wholly-owned subsidiary of American International Group Inc., making
The NASDAQ Insurance Agency a wholly owned subsidiary of The NASDAQ Stock Market.
The transaction was effective on Jan. 1, 2005. Purchase price and
terms of the agreement were not disclosed.
The NASDAQ Insurance Agency LLC is a full-service corporate insurance broker specializing in Directors and Officers liability insurance. Formed in 2000, the agency works with current and future NASDAQ-listed companies.
Was this article valuable?
Here are more articles you may enjoy.
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees 
FEMA Launches Online Purchasing for Flood Insurance Policies 
