UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M

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Insurance Journal - Mar 04, 2024

Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million). The transaction includes Probitas Managing Agency, which is the managing agent …...

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