Last Updated: May 31, 2016
Information on the Proposed Acquisition of Control of Northwestern National Insurance Company of Milwaukee, Wisconsin (NNIC) by SOBC Gamma Holding Company Limited (Applicant)
On February 4, 2016, the Applicant filed a plan to acquire control of Northwestern National Insurance Company of Milwaukee, Wisconsin, pursuant to the terms and conditions set forth in the Stock Purchase Agreement dated January 13, 2016, by and between Armco Insurance Group, Inc. (Seller), SOBC Gamma Holding Company Limited (Purchaser), and Northwestern National Insurance Company of Milwaukee, Wisconsin (NNIC), a Wisconsin domestic insurer.
Northwestern National Insurance Company of Milwaukee, Wisconsin, is a Wisconsin-domiciled property and casualty insurance company. NNIC was incorporated and commenced operations in 1869, and is licensed in nine (9) states, including Wisconsin.
Notations on Accessing Information
Financial information concerning individual insurance companies, including key annual statement pages, may be accessed on the Consumers Information Source section of the National Association of Insurance Commissioners' Web site at
Form A and Exhibits, Filed with the Wisconsin OCI on February 4, 2016:
Amended Form A Exhibits:
Wisconsin OCI Form A Follow-up Letters:
Applicant Response Letters and Attachments:
Wisconsin OCI Recommendation Memo: