Protective to Acquire Obsidian from Genstar Capital, Expanding into Specialty Property & Casualty Insurance
Acquisition will establish a new business line for Protective and broaden product offerings into complementary P&C insurance markets Protective Life Corporation (Protective), a U.S. subsidiary of Daiichi Life Group, Inc. (Daiichi Life, TSE:8750), announced that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital (Genstar), a leading private equity......