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Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal

Safety Insurance Group Inc., a property/casualty insurer in Massachusetts and New England, has agreed to be acquired by Spain’s Mapfre S.A. in an all-cash transaction valued at approximately $1.54 billion. Under the terms of the agreement, a subsidiary of Mapfre …

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

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Growth without the paycheque

Growth without the paycheque

KUALA LUMPUR: A stronger economy is not necessarily translating into fuller wallets as many Malaysians still feel the squeeze from rising living costs despite resilient headline growth.

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