• Protective Life Insurance, a Daiichi Life Group subsidiary, completed its acquisition of Obsidian Insurance Holdings from funds advised by Genstar Capital.
• The deal establishes Protective's fifth business line in specialty property and casualty insurance, expanding its reach into the excess and surplus market.
• The transaction marks Protective's 62nd acquisition and its ninth since joining the Japanese group in 2015.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daiichi Life Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202611021000BIZWIRE_USPR_____20261030_BW718728) on November 02, 2026, and is solely responsible for the information contained therein.