As announced last October, Munich Re is expanding its activities in the USA and strengthening its position in primary insurance niche segments. Today it concluded the acquisition of US specialty primary insurer Midland by acquiring a 100% stake in the company, including its wholly owned insurance subsidiary, American Modern Insurance Group.
»Munich Re's press release

The Midland Company has announced that a preliminary count of votes cast at the Company’s special meeting of shareholders today indicated approval of a pending merger agreement providing for the acquisition of Midland by Munich Re through its subsidiary, Munich-American Holding Corporation.
»Midland's press release

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