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LONDONHiscox Ltd. has bought the renewal rights of Dutch commercial fine art insurer Eriks Assuradeuren B.V.
The U.K. arm of Bermuda-based Hiscox said in a statement that it expected its art and private clients business in the Netherlands to grow by more than 25% following the acquisition.
Terms of the deal were not disclosed.
Amsterdam-based Eriks Assuradeuren specializes in insurance for museums, galleries and company collections.