QBE acquires British Marine
QBE Insurance Group has signed an agreement to acquire the specialist marine insurer, British Marine Holdings.The acquisition is subject to regulatory approvals with completion expected to be before 31 December 2005.
British Marine was founded in 1876 and provides Protection and Indemnity liability (P&I) and Hull and Machinery (H&M) insurance to ship owners.It insures more than 8,000 small ships in more than 80
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