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Article: Proposed Amlin/Fortis acquisition welcomed; Move will help Fortis grow: Risk managers.(Fortis Corporate Insurance N.V)
- Article from:
- Business Insurance
- Article date:
- June 15, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ADRIAN LADBURY
Dutch risk managers last week welcomed the proposed acquisition of Fortis Corporate Insurance N.V. by London-based Amlin P.L.C.
The move will strengthen Amstelveen, Netherlands-based Fortis, which has a significant share of the commercial insurance market in the Netherlands, and allow the insurer to grow its capabilities to serve global companies, they say.
"This is very good news for the market,'' said Peter Den Dekker, corporate insurance risk manager with Naarden, Netherlands-based aerospace and technical services firm Stork B.V and outgoing president of the Netherlands Assn. of Risk & Insurance Managers, which held ...