Quebec mutual insurance firms announce plans to merge
insurancebusinessmag | June 13, 2019
La Capitale General Insurance and LEDOR Assurances have announced plans to merge their two businesses by 2020.
In a statement, the two companies said that an amalgamation will enable them to meet the challenges associated with Quebec’s very competitive property and casualty insurance market. A transition committee has been set up to do the necessary groundwork to ensure that the merger goes smoothly.