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Industry | Insurance |
---|---|
Founded | 1925 |
Fate | Acquired by QBE Insurance |
Headquarters | Sun Prairie, Wisconsin |
Key people | Peter Christen, president and chief executive officer |
Products | Property and casualty insurance |
Revenue | 1512.70 M (2004) |
Number of employees | 2,219 (2004) |
Website | http://www.generalcasualty.com/ |
General Casualty Insurance was a super-regional property and casualty insurance provider headquartered in Sun Prairie, Wisconsin as of 2006. It operated as a subsidiary of Winterthur U.S. Holdings. [1]
Winterthur U.S. Holdings, which operated as Winterthur North America, and was also based in Sun Prairie, Wisconsin operated General Casualty Insurance, as well as Bellevue, Washington-based Unigard Insurance. [1]
From 1956 to 1990, General Casualty was owned by Reliance Insurance. [2] In 1990, General Casualty was sold to Winterthur, a Swiss Insurance Group. [2] In 1997, Winterthur was sold to Credit Suisse Group. [2]
In 2006, AXA Group acquired Winterthur from Credit Suisse. [3] [4]
In January 2007, QBE Insurance Group, Sydney, Australia, agreed to buy Winterthur U.S. Holdings, General Casualty's parent company, for $1.16 billion. [5]
In 2011, QBE announced that the General Casualty name would be replaced with the QBE name and logo. [6]
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