Daiichi Life’s Protective completes Obsidian acquisition
Bitget2026/11/04 00:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Protective Life, Daiichi Life Group's wholly owned US subsidiary, completed its acquisition of Obsidian Insurance Holdings on November 2, 2026.
- The transaction was previously announced on April 30, 2026.
- Obsidian operates as a hybrid fronting insurer supporting specialized property and casualty insurance programs.
- The business generated $1 billion in fee and premium revenue in fiscal 2025.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daiichi Life Group Inc. published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.
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