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CORRECTED-Canadian insurer Intact to buy OneBeacon for $1.7 bln

(Corrects annual premiums in paragraph 1 to over C$2 billion, from $2 billion)

May 2 Canadian insurer Intact Financial Corp said it would buy OneBeacon Insurance Group Ltd for $1.7 billion, creating a North American specialty insurance company with over C$2 billion ($1.46 billion) of annual premiums.

The $18.10 cash offer represented a 15.3 percent premium to OneBeacon's Tuesday close. ($1 = 1.3710 Canadian dollars) (Reporting by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)

我们的标准: 汤森路透“信任原则

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