QBE Acquires Balboa Insurance Portfolio, Enters Into Distribution Agreement - Wall Street Journal

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QBE Acquires Balboa Insurance Portfolio, Enters Into Distribution Agreement Wall Street Journal SYDNEY (Dow Jones)--QBE Insurance Group Ltd. (QBE.AU) said Friday it has acquired the Balboa insurance portfolio from Bank of America-Merrill Lynch (BAC) and entered into a 10-year distribution agreement for an upfront payment of ... BofA sells insurance portfolio to Australia's QBEReuters Top Stories: Business and FinanceBloomberg Australia shares close 0.9 pc higher on QBE, resourcesEconomic Times MarketWatch -BusinessWeek -The Australian all 276 news articles »

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGhYrxMzLucViacKIL1zkXrZbmiEg&url=http://online.wsj.com/article/BT-CO-20110203-721525.html

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