WRM America Buys Fidelity Unit
WRM America Holdings, a specialty lines property and casualty insurance and risk management holding company backed by Aquiline Capital Partners, will buy the flood insurance business of publicly traded Fidelity National Financial Inc. The business will operate as a wholly-owned subsidiary of WRM America, the company said. Aquiline Capital focuses on financial services investments across industries such as property and casualty insurance, banking, securities, asset management, life insurance and financial technology.
Bycnolan
13 July 2011•3 mins read
