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.
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing 
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group 
The Hartford Q3 Net Income Up 41% 
