The St. Paul International Insurance Co., a subsidiary of The St. Paul Companies, announced that it had completed the purchase of Australia Pacific Professional Indemnity Insurance Co.,Ltd.(APPIIL), enlarging the company’s professional liability program.
The purchase increases the number of lawyers it insures by about 2000, and adds a Queensland branch to its Australian operations,which are headquartered in Sydney.
Peter Lepparde, head of St. Paul for Australia indicated that the APPIIL employees in Brisbane would join the group “which guarantees a continuing high level of service to the Queensland Law Society.
Topics Mergers & Acquisitions Australia
Was this article valuable?
Here are more articles you may enjoy.
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
Camp Mystic, Where Texas Floods Killed 28, Files Bankruptcy 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
