Global Indemnity uses excess capital to buy American Reliable
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Global Indemnity uses excess capital to buy American Reliable

20 October 2014
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Nasdaq-listed insurer Global Indemnity has agreed to acquire US carrier American Reliable from Assurant in a deal worth approximately $394mn - deploying a significant chunk of excess capital that has long hindered its return on equity.

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News M&A October 2014/3
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