Aquiline Buys Equity Insurance

Aquiline Capital Partners said Monday that it has completed its buy of Equity Insurance Group. Financial terms weren't announced. The seller was Insurance Australia Group. U.K.-based Equity Insurance is a specialist motor insurer. The deal includes Equity Red Star and Equity Syndicate Management Ltd., with its associated Syndicate 218 at Lloyd’s, as well as the broking business Equity Direct Broking Limited.

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