VIDEO From Zurich Available on Zurich Closes the Acquisition of Compagnie Libanaise D'Assurances in Lebanon

Dec 01, 2010, 14:12 ET from

NEW YORK, Dec. 1, 2010 /PRNewswire/ -- See video from Zurich at:      

Zurich Financial Services Group (Zurich) announced that its subsidiary Zurich Insurance Company Ltd has completed the acquisition of 99.99% of Compagnie Libanaise D'Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates, Kuwait and Oman. The transaction accelerates the expansion of Zurich's operations in the Middle East, by providing market leading products to personal and commercial customers in four important markets, and complementing the existing general insurance presence in Bahrain and the Dubai International Financial Centre. The transaction was first announced on October 11, 2010.

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Story Id: 20772