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BRIEF-United Fire Group to sell United Life Insurance Company to KUVARE US Holdings ‍for $280 mln
September 19, 2017 / 1:38 PM / in a month

BRIEF-United Fire Group to sell United Life Insurance Company to KUVARE US Holdings ‍for $280 mln

Sept 19 (Reuters) - United Fire Group Inc

* United Fire Group Inc reaches definitive agreement to sell its subsidiary United Life Insurance Company to Kuvare US Holdings Inc

* United Fire Group Inc - deal ‍for $280 mln in cash​

* United Fire Group Inc - ‍ anticipates that proceeds from sale will be used for various capital management initiatives​

* United Fire - proceeds from sale will be used for various capital management initiatives including share repurchases Source text for Eikon: Further company coverage:

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