Hallmark scraps plans to spin-off specialty commercial unit on back of harder rates

24-12-2021

Hallmark scraps plans to spin-off specialty commercial unit on back of harder rates

shutterstock/Ruslan Grumble

P&C insurance group Hallmark Financial Services has scrapped previously announced plans to spin-off and float its specialty commercial business. It will now instead develop and grow the revitalized unit on the back of improving rates.


Hallmark Financial Services, P&C, Insurance, Reinsurance, Mark Schwarz, North America

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