Torus acquires QBE's Praetorian Specialty Insurance Company
Energy insurer Torus said that it has entered into a definitive agreement to acquire Praetorian Specialty Insurance Company from Praetorian Insurance Company, a member company of QBE the Americas for an undisclosed cash amount.
PSIC is eligible to do business as an Excess and Surplus Lines insurer in 42 jurisdictions in the US.
Torus said the deal "will be completed as soon as the necessary regulatory approvals have been
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