AmTrust Financial Services, Inc. Completes the Acquisition of Mutual Insurers Holding Company
GlobeNewswire |
FNIC offers low hazard insurance products to small, non-profit and government entities and is the third largest provider of property and casualty insurance products to non-profit organizations in the U.S. In 2012, FNIC wrote
"We are proud to announce the acquisition of FNIC, a leading provider of insurance products and services to non-profit organizations," said
About
Forward Looking Statements
This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that actual developments will be those anticipated by the Company. Actual results may differ materially from those expressed or implied in these statements as a result of significant risks and uncertainties, including, but not limited to, non-receipt of expected payments from insureds or reinsurers, changes in interest rates, a downgrade in the financial strength ratings of our insurance subsidiaries, the effect of the performance of financial markets on our investment portfolio, our estimates of the fair value of our life settlement contracts, development of claims and the effect on loss reserves, accuracy in projecting loss reserves, the cost and availability of reinsurance coverage, the effects of emerging claim and coverage issues, changes in the demand for our products, our degree of success in integrating acquired businesses, the effect of general economic conditions, state and federal legislation, regulations and regulatory investigations into industry practices, risks associated with conducting business outside
AFSI-F
CONTACT:AmTrust Financial Services, Inc. Investor Relations Elizabeth Malone CFA [email protected] 646.458.7924Hilly Gross [email protected] 646.458.7925
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