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Bermuda-based underwriter OneBeacon Insurance Group announced yesterday its second-quarter dividend of $0.21 per share, the same rate it's paid since 2007, when it began making the payout.
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OneBeacon Insurance Group has elected to keep its dividend steady. For its Q3, the company has declared a quarterly common stock distribution of $0.21 per share. This is to be paid on September 27 ...
CGU plc was a large insurance group, created by the merger of Commercial Union and General Accident in 1998. The company was listed on the London Stock Exchange . It merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc .
In 2015, it acquired Canadian Direct Insurance Incorporated (CDI), extending its direct-to-consumer operations from coast to coast. [8] In May 2017, Intact announced an all-cash deal to acquire OneBeacon Insurance Group, Ltd., an American specialty insurer for US$1.7 billion ($2.3 billion). [9] The deal closed in September 2017. [10]
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In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...