NU Online News Service, Sept. 15, 2:38 p.m. EDT

Australian insurer QBE announced it has acquired the CIGNA special risk, student and sports accident insurance book of business. Financial terms were not disclosed.

Sidney-based QBE said the purchase would enhance its existing QBE Specialty Insurance health practice, a portfolio that provides medical expense coverage for students, athletes and participants in camps, clubs, day-care centers, and a range of other youth and adult group activities.

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