Misplaced Pages

General Casualty Insurance

Article snapshot taken from[REDACTED] with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Wisconsin insurance provider
This article may have been created or edited in return for undisclosed payments, a violation of Misplaced Pages's terms of use. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. (December 2020)
General Casualty Insurance
IndustryInsurance
Founded1925
FateAcquired by QBE Insurance
HeadquartersSun Prairie, Wisconsin
Key peoplePeter Christen, president and chief executive officer
ProductsProperty and casualty insurance
Revenue1512.70 M (2004)
Number of employees2,219 (2004)
Websitehttp://www.generalcasualty.com/

General Casualty Insurance was a super-regional property and casualty insurance provider headquartered in Sun Prairie, Wisconsin as of 2006. It operated as a subsidiary of Winterthur U.S. Holdings.

Winterthur U.S. Holdings, which operated as Winterthur North America, and was also based in Sun Prairie, Wisconsin operated General Casualty Insurance, as well as Bellevue, Washington-based Unigard Insurance.

History

From 1956 to 1990, General Casualty was owned by Reliance Insurance. In 1990, General Casualty was sold to Winterthur, a Swiss Insurance Group.In 1997, Winterthur was sold to Credit Suisse Group.

In 2006, AXA Group acquired Winterthur from Credit Suisse.

In January 2007, QBE Insurance Group, Sydney, Australia, agreed to buy Winterthur U.S. Holdings, General Casualty's parent company, for $1.16 billion.

In 2011, QBE announced that the General Casualty name would be replaced with the QBE name and logo.

References

  1. ^ Beversdorf, Melvin (2006-03-09). "Three Promotions Announced by Winterthur U.S. Holdings Inc". Insurance Journal. Retrieved 2020-09-22.
  2. ^ Mertes, Chris (13 March 2008). "McPartland: Purchase will create more jobs". Hometown News LP. Retrieved 2020-09-22.
  3. "AXA Completes Winterthur Acquisition". Insurance Journal. 2006-12-25. Retrieved 2020-09-22.
  4. Arnold, Martin (14 June 2006). "Axa buys Winterthur for ?7.9bn". Financial Times. Retrieved 2020-09-22.
  5. Newman, Judy (2007-01-05). "General Casualty to be sold". The Wisconsin State Journal, Madison.com. Archived from the original on 2007-01-07. Retrieved 2007-01-05.
  6. Kirchen, Rich (18 August 2011). "QBE dropping General Casualty name". Milwaukee Business Journal.
Categories:
General Casualty Insurance Add topic