Canada’s Intact Financial Completes OneBeacon Acquisition; Vows to Grow Specialty Insurer

Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains Insurance Group. The purchase price was C$2.3 billion (US$1.7 billion). Toronto-based IFC said the deal makes it a leading provider …

from News – Insurance Journal