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Allied World to buy Transatlantic for $3.2 billion

Allied World Assurance Co Holdings agreed to buy Transatlantic Holdings for $3.2 billion in stock, creating a specialty insurer and reinsurer with broader reach and product offering.

 

Allstate Buys Firms for $1 Billion

Allstate agreed to buy auto insurer Esurance and insurance agency Answer Financial from White Mountains Insurance Group for about $1 billion to expand its online presence.

 

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