Tokio Marine Holdings Inc will buy insurer Pure Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade. Japanese financial firms have been forced to look abroad for growth amid an ageing, shrinking population at home. Tokio Marine, the world’s fourth-largest… Continue reading Tokio Marine to Buy U.S. Insurer Pure Group for $3.1 Billion
Tag: P&C insurer
PURE Allocates $21.5 Million to Its Membership
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for financially successful individuals and families, announced today that $21.5 million of policyholder surplus has been allocated back to the PURE membership for the 2018 year in the form of Subscriber Savings Accounts (SSAs). This brings the cumulative SSA allocation to $81 million… Continue reading PURE Allocates $21.5 Million to Its Membership