General Casualty Insurance | |
Fate: | Acquired by QBE Insurance |
Foundation: | 1925 |
Location: | Sun Prairie, Wisconsin |
Key People: | Peter Christen, president and chief executive officer |
Industry: | Insurance |
Products: | Property and casualty insurance |
Revenue: | 1512.70 M (2004) |
Num Employees: | 2,219 (2004) |
Homepage: | http://www.generalcasualty.com/ |
General Casualty Insurance was a super-regional property and casualty insurance provider headquartered in Sun Prairie, Wisconsin as of 2006. It operated as a subsidiary of Winterthur U.S. Holdings.[1]
Winterthur U.S. Holdings, which operated as Winterthur North America, and was also based in Sun Prairie, Wisconsin operated General Casualty Insurance, as well as Bellevue, Washington-based Unigard Insurance.
From 1956 to 1990, General Casualty was owned by Reliance Insurance.[2] In 1990, General Casualty was sold to Winterthur, a Swiss Insurance Group.In 1997, Winterthur was sold to Credit Suisse Group.
In 2006, AXA Group acquired Winterthur from Credit Suisse.[3] [4]
In January 2007, QBE Insurance Group, Sydney, Australia, agreed to buy Winterthur U.S. Holdings, General Casualty's parent company, for $1.16 billion.[5]
In 2011, QBE announced that the General Casualty name would be replaced with the QBE name and logo.[6]