NIG in switch to Hibernian's commercial lines policies.
NIG Skandia's acquisition of Hibernian (UK) will result in a new product range that will see the Swe...
NIG Skandia's acquisition of Hibernian (UK) will result in a newproduct range that will see the Swedish-owned insurer replacing many of
its commercial policies with those of Hibernian.
Last month the Treasury approved NIG's takeover of Hibernian UK - a deal
believed to be worth in the region of £30m. Hibernian's portfolio is
strongly biased towards commercial lines, commanding some £35m in gross
written premium on the commercial side.
John Carrier, managing director at NIG Skandia, told PB: "The
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