Aspen Expands Into U.S., Buys Dakota Specialty
NU Online News Service, Sept. 9, 3:30 p.m.EDT?Aspen Insurance Holdings Ltd., a Bermuda-domiciledreinsurance and specialty insurance, provider, said it haspurchased Dakota Specialty Insurance Company for an expansion intothe U.S. excess and surplus lines business.
Terms for the acquisition of the North Dakota-licensed firm,which is based in Stamford, Conn., were not disclosed. Dakota'sparent firm, Insurance Corporation of New York is part of theBermuda domiciled Trenwick Group, which is now in provisionalliquidation.
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