X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ACE Limited has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $293 million in cash. 

Mexico City-based Fianzas Monterrey is Mexico’s second largest surety lines writer and the third largest in Latin America, offering administrative performance bonds primarily to construction and industrial clients. The company has an extensive presence throughout Mexico, including 25 branch offices, and distributes its products through a network of nearly 600 independent agents and brokers. 

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

 

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.