Centro de Documentacion de Fundación MAPFRE - MAPFRE to acquire Commerce Group in 2.2 billion dollars deal

MAP20071509079

MAPFRE to acquire Commerce Group in 2.2 billion dollars deal / Marc Jones

Spanish insurer MAPFRE has bought up Massachusetts-based insurer Commerce Group for 2.21billion dollars. Describing it as "the largest investment in the history of the group", MAPFRE said that it intented to forld Commerce, the largest writer of private-passenger automobile insurance in Massachusetts, into its U.S. operations, giving it a key boost in the U.S. market

En: Best's review. - Oldwick, New Jersey. - December 2007 ; [1] p.

1. INERCO . 2. Commerce Group . 3. Mercado de seguros . 4. Adquisición de empresas . 5. Empresas de seguros . 6. Estados Unidos . I. Título. II. Título: Best's review.