Safeco may be the first of many insurance deals

[Joelle]

Safeco may be the first of many insurance deals
      

Liberty Mutual Group’s $6.2 billion agreement to acquire Safeco Corp could be a sign of more deals to come in the insurance sector.
“Although property/casualty insurers had their second strong year in 2007 in terms of underwriting results, achieving top-line growth has been elusive. We expect to see more acquisitions by growth-hungry insurers in 2008,” said [...]
         

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