Global Indemnity Group said it agreed to sell subsidiary American Reliable Insurance Company (ARIC) to Everett Cash Mutual Insurance Co. (ECM), and it completed the disposition of ARIC’s farm, ranch and equine book of renewal business to ECM. Global Indemnity …
Global Indemnity plc has completed its redomestication from Ireland to the Cayman Islands. As previously announced, the name of the new holding company is Global Indemnity Ltd. Global Indemnity Ltd. is registered with the Securities and Exchange Commission under the …
Global Indemnity plc announced that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of completing the reorganization proposal at a special shareholders meeting. If …
Dublin-based Global Indemnity plc’s U.S. affiliate said it has completed its previously-announced purchase of American Reliable Insurance Co. from Assurant Inc. In a transaction valued at approximately $394,000,000, Global Indemnity’s U.S. division said it paid $114 million in cash to …
Assurant Specialty Property, a business segment of Assurant Inc., has agreed to sell its general agency business and associated insurance carrier, American Reliable Insurance Co., to Global Indemnity Group Inc., the U.S. subsidiary of Dublin-based Global Indemnity, for approximately $114 …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the ultimate …
