Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
Tower Group International says it will receive $5 million in exchange for the termination of its previously announced agreement to buy American Safety Reinsurance from Fairfax Financial Holdings.
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