Validus crop insurance News

Validus Holdings Ltd. has completed its acquisition of Crop Risk Services business (CRS), a primary crop insurance managing general agent, from Archer Daniels Midland Co. In the deal that was announced in January, ADM received $127.5 million in cash in …

U.S. agricultural commodities trader Archer Daniels Midland Co has agreed to sell its Crop Risk Services (CRS) insurance business for $127.5 million to Validus Holdings Ltd, the companies announced on Monday. The deal, which is expected to close in the …