Ergo, the primary insurance arm of reinsurance giant Munich Re, today (20 June) said it had agreed to buy Singapore-based P&C insurer SHC Insurance for EUR66mn ($90mn), extending its presence in the fast-growing Asia Pacific region.
Ergo, the primary insurance arm of reinsurance giant Munich Re, today (20 June) said it had agreed to buy Singapore-based P&C insurer SHC Insurance for EUR66mn ($90mn), extending its presence in the fast-growing Asia Pacific region.