Tiptree to sell Fortegra to South Korean insurer DB Insurance for $1.65 billion
26/09/2025 05:39
Repeats to add DB Insurance ticker code; no changes to text Sept 25 (Reuters) - Tiptree said on Thursday that South Korean insurer DB Insurance 005830.KS would acquire its specialty insurance subsidiary The Fortegra Group for $1.65 billion in cash. (Reporting by Anusha Shah in Bengaluru; Editing by Janane Venkatraman) ((AnushaDevang.Shah@thomsonreuters.com;))