Markel to Buy Alterra in $3 Billion Deal

Acquisition diversifies Markel’s business profile by bringing in reinsurance and large-account portfolios.

INN Breaking News, December 19, 2012

Justin Stephani

Property/casualty insurer Markel is buying Alterra Capital in a cash-and-stock deal worth approximately $3.13 billion, according to a statement from Markel.

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