Imagine completes acquisition of Danish Re.Specialty insurer/reinsurer Imagine Group said its subsidiary completed the acquisition of Danish Re (Bermuda Bermuda (bûrmy  `də), British dependency (2005 est. pop. 65,400), 21 sq mi (53 sq km), comprising some 150 coral rocks, islets, and islands (of which some 20 are inhabited), in the ) Ltd. and related
subsidiaries of Danish Re Group. The acquisition by Imagine Insurance
Co. Ltd. of Bermuda was finalized See finalization. on Dec. 31, 2004.
Launched in 1999, Danish Re focuses on three niche reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. markets--accident and health, property and financial institutions. It has offices in Bermuda, London, Tokyo and Copenhagen, Denmark. |
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