Reinsurance News

Pennsylvania Lumbermens Mutual Insurance Company

HDI Global acquires Indiana Lumbermens Insurance

6th December 2023

HDI Global Insurance Company has strengthened its position in the U.S. market with the acquisition of 100% of Indiana Lumbermens Insurance Company (ILIC), a subsidiary of Pennsylvania Lumbermens Mutual Insurance Company (PLM), for an undisclosed purchase price. HDI has purchased all of the shares of ILIC from PLM. The transaction closed ... Read the full article