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September 29, 2006

Insurance Australia Buys U.K. Units for A$350 Million

Sept. 29 (Bloomberg) -- Insurance Australia Group Ltd., the nation's largest auto and home insurer, agreed to pay A$350 million ($262 million) for Hastings Insurance Services Ltd. and Advantage Insurance Co., entering the U.K.

From Insurance Australia Buys U.K. Units for A$350 Million

Posted by Joe at September 29, 2006 03:01 PM