QBE finalises North Pointe deal
QBE has completed its $US146 million ($155 million) acquisition of US property/casualty insurer North Pointe.
North Pointe writes $US150 million ($167 million) of premiums in specialist small business markets, selling its products through 1900 intermediaries.
QBE CEO Frank O’Halloran says North Pointe will deliver $US15 million ($16 million) in annual synergies from next year.
North Pointe writes $US150 million ($167 million) of premiums in specialist small business markets, selling its products through 1900 intermediaries.
QBE CEO Frank O’Halloran says North Pointe will deliver $US15 million ($16 million) in annual synergies from next year.