Exploration of sale or merger of Penn-America and Global Indemnity suspended

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Reinsurance News - Dec 07, 2023

Global Indemnity Group, LLC, a provider of specialty property and casualty insurance coverages, has suspended the exploration of the sale or merger of Penn-America, Global Indemnity’s insurance group, and Global Indemnity itself at this time. Saul Fox, Global Indemnity’s Chairman, stated: “Our merge...

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