London-based insurer Beazley Group, plc, said it has acquired Hong Kong-based Asia Pacific Underwriting Agency Limited (APUA). Terms were not announced.

Established in Hong Kong in 1997, APUA is a specialist underwriter of professional indemnity, directors and officers liability, and non-financial institution crime and terrorism risks throughout the Asian region.

Beazley said it has had a strategic partnership with APUA since 1997.

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