New Zealand insurance business CBL Corporation has taken a 40 per cent stake in Allied Risk Management, the Dublin-based insurance management services and actuarial consulting firm, at a valuation of over €3.5 million.
CBL, a global credit surety and financial risk insurance company valued at AU$680 million, will also take on the senior management team of Allied as part of the transaction, who will be appointed to CBL Insurance Europe’s senior executive team in Dublin....
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