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    Business
  3. Study Set
    Principles of Risk Management
  4. Exam
    Exam 4: Enterprise Risk Management and Related Topics
  5. Question
    A Large Property and Liability Insurance Company Merged with a Bank
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A Large Property and Liability Insurance Company Merged with a Bank

Question 3

Question 3

Multiple Choice

A large property and liability insurance company merged with a bank and then acquired a stock brokerage company. This type of merger and acquisition activity is categorized as


A) insurance company consolidation.
B) cross-industry consolidation.
C) financial risk management.
D) insurance brokerage consolidation.

Correct Answer:

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