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| Tower Group to Merge with ACP Re in $172.1M Deal; Renewal Rights Sold | | By Phil Gusman, PropertyCasualty360.com | | A subsidiary of ACP Re Ltd. will acquire 100% of the outstanding stock of Tower Group International and the two companies will merge. AmTrust will acquire the renewal rights of Tower Group's commercial lines insurance operations, and National General Holdings Corp. will acquire the personal lines renewal rights.…Read more |
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07 Jan, 2014
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Source:
http://insurancereviewinfo.blogspot.com/2014/01/tower-group-to-merge-with-acp-re-in.html--
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