Law360, London (November 28, 2019, 1:28 PM GMT) -- AXA XL will buy Mexican real estate insurer Armour Secure Insurance, the U.S. commercial insurer has announced after completing the acquisition of Secure Legal Title, its Lloyd’s Of London coverholder.
The value of the deals has not been disclosed. Both companies have until now been owned by Trebuchet Investments, a subsidiary of Bermuda-based Armour Holdings.
AXA XL’s acquisition of Secure Legal Title completed on Wednesday, although its offer to buy Armour Secure is awaiting regulatory approval.
“Pending completion of the acquisition, Secure Legal Title and [Armour Secure] will continue their close collaboration in providing title insurance to the Mexican market,” the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!