HCC Insurance Holdings has closed its acquisition of the assets of Allianz Life of North America's health products division for $140 million.
HCC Insurance Holdings HCC Insurance Holdings, Inc. has closed its acquisition of the assets of
Allianz Allianz (helpinfo) SE[1], (ISIN: DE0008404005; IPA pronunciation: [alli-anz], and formerly AG) is a large financial service provider headquartered in Munich, Germany. Life of North America's health products division for $140
million. The division provides excess medical insurance for self-insured self-insured Self fund Health insurance adjective Referring to the practice of carrying an individual health insurance policy for oneself; self insurance is usually more expensive than group insurance corporations.
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion