Hub International Completes Citizens Acquisition(1)


Press releases

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 Add Title:  Hub International Completes Citizens Acquisition
 Location:  Chicago
 Date:    2006-04-03  
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 Hub International Limited (NYSE:HBG)(TSX:HBG) announced today that it closed its acquisition of three insurance brokerages of Citizens Financial Group, Inc. ("CFG"). As part of the transaction, Hub also entered into a previously announced strategic alliance with CFG, pursuant to which Hub and CFG will leverage their insurance and banking expertise to provide expanded products, services and support to clients. Hub financed the acquisition largely through a new credit facility entered into with The Bank of Montreal.

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.

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Hub International Limited
W. Kirk James (Media), 312-279-4881
Heather Schneider (Media), 312-279-4683
Rosenbaum Advisors, Inc.
Michael Rosenbaum (Investor), 847-749-1010
fax: 847-577-6767
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 SOURCE :   Hub International Limited