Intact Financial Corporation, together with Tryg, to Acquire International P&C Insurer RSA Insurance Group Plc. for £7.2 billion (C$12.3 billion)
Building a Leading P&C Insurer Intact to acquire RSA’s Canada, UK and International operations Intact to pay $5.1 billion (£3.0 billion) representing 0.9x book value Expands our leadership position in Canada Bolsters our leading specialty lines platform and adds international expertise Entry into the UK and Ireland at scale Increases investment in our core capabilities to strengthen our outperformance...