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Stamford insurer sells line to Swiss Re

2016-01-06 17:51:53| IT Services - Topix.net

Independence Holding is selling its IHC Risk Solutions "stop-loss" insurance line to Swiss Re and subsidiary Westport Insurance for $153 million, if approved by shareholders. Stamford-based Independence Holding ran IHC Risk Solutions through its New York City-based subsidiary American Independence , offering stop-loss coverage that self-insured organizations can purchase that covers exorbitant medical costs incurred by any members.

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