Fortis, the rapidly growing Belgian-Dutch financial conglomerate, took a logical expansionary step with its agreement to acquire American Bankers Insurance Group, analysts said.

Fortis would be able to combine the Miami-based credit insurance company with another it already owns, American Security Group of Atlanta.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.