Pinnacle Actuarial Resources Acquires Ordinance Holdings and Grape Bay Renewal Rights

Deal Summary

Pinnacle Actuarial Resources, Inc announced the acquisition of Bermuda-based Ordinance Holdings Limited and the renewal rights for clients of Canadian firm Grape Bay Actuarial Consulting Inc, effective June 30. The deal expands Pinnacle's Bermuda and Canadian actuarial consulting practices serving insurance, reinsurance, captive insurance and segregated accounts. Deal value was not disclosed.