Catlin agrees to sell Insure The Box stake to Aioi Nissay Dowa
Catlin Group has agreed to sell its stake in Box Innovation Group, to Aioi Nissay Dowa Insurance Company of Europe, a subsidiary of Japanese insurance giant MS & AD.
Aioi Nissay Dowa will acquire shares from Catlin as well as other shareholders and as a result of the transaction will own 75.01% of Box Innovation Group, which trades as Insure The Box.
Catlin will
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