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Fairfax to Acquire Pet Insurance Provider Hartville Group

05/15/13

TORONTO, ONTARIO--(Marketwired - May 15, 2013) - Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces the signing of a merger agreement with Hartville Group, Inc., of Canton, Ohio, pursuant to which Hartville will become wholly-owned by Crum & Forster's United States Fire Insurance Company. The transaction, which is subject to customary conditions including regulatory approval, is expected to close early in the third quarter of 2013. Full Article

 

Ironshore Invests in Lexon Surety Group

04/17/13

Hamilton, Bermuda, April 17, 2013 – Ironshore Inc. (“Ironshore”) announced today that it has purchased a 9.9 percent equity stake in Lexon Surety Group (“Lexon”), with an option to increase its ownership to 20 percent of Lexon’s equity in the future, subject to receipt of requisite regulatory approvals. Ironshore’s initial investment is primarily in the form of convertible preferred units. The investment and option further the strategic alliance with Lexon announced in March 2013. Full Article