Munich Re Now Owns Midland

The company said it is focusing on the introduction of a client-centric organization and the expansion of broker business, as well as building on its leading position in primary insurance niche segmen

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Munich Re said today it has concluded its $1.3 billion acquisition of Midland Insurance as part of an expansion move in the United States announced last October.

The Munich-based company said it was strengthening its position in U.S. primary insurance niche segments.

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