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Pioneer Underwriting to merge with K2 Insurance

Posted On: Feb. 5, 2020 5:25 AM CST

M&A

U.K.-based insurer Pioneer Underwriting Ltd. has signed an agreement to absorb U.S.-based insurer K2 Insurance Services LLC, Artemis reports. Following K2's acquisition of Pioneer, the initial focus will be on Pioneer's offerings in property catastrophe reinsurance, financial institutions, international property facultative and marine specialty.

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