QBE sees rich pickings in financial turmoil

"QBE Insurance Group Ltd, Australia’s biggest insurer by premium income, has announced the acquisition of ZC Sterling Corp, a US-based underwriting agency, for $575 million.
QBE also said that it plans to acquire three other underwriting agencies, including two in the US and one in Europe.
Capital to fund the acquisitions - and to shore up the [...]" (2008-11-27)
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