French insurers seek merger.
Clinicare's holding company and underwriter, the French mutual Strasbourgeoise, is to amalgamate wit...
Clinicare's holding company and underwriter, the French mutualStrasbourgeoise, is to amalgamate with Group Azur. Members of
Strasbourgeoise voted unanimously for the merger at the company's June
AGM. If approved by the French equivalent of the FSA, the merger should be
completed by the end of the year. Derry Andrews, general manager of
Clinicare, said: "It ensures Clinicare and the other overseas subsidiaries
are supported by a very strong mutual group in France. It will ensure
survival in the
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