St. Paul Buys Kemper Renewals The St. PaulCompanies announced last week that, for an undisclosed price, ithas purchased the right to seek renewals of Kemper InsuranceCompanies commercial insurance business.

The sale to The St. Paul is the latest batch of renewal rightselloffs announced by Long Grove, Ill.-based Kemper this year. Thecommercial segment now going to The St. Paul was the subject ofnegotiations that broke off last month between Kemper, SecuritasCapital, LLC, Cypress Merchant Banking Partners II L.P. and GilbertGlobal Partners L.P.

In January, the insurer sold The Hartford renewal rights to itsgroup captives business and some large risk national accountrenewal business was dealt to Old Republic International ofChicago. Gross premiums for all the business segments being soldwas said to total $1 billion.

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