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Commercial

Towergate confirms major deal

Towergate Partnership announced a major addition to its Underwriting Division following the acquisition of Agency Underwriting Limited based in Colchester. AUL controls £24m GWP, with specialisms in underwriting buy-to-let, specialist property owners,…

Lloyd's insurer in £113m private equity takeover

Lloyd's insurer Cathedral has agreed a takeover of the business by private equity firm Disciple Holdco. The recommended offer was announced by Cathedral's independent directors, the board of Disciple Holdco and Benfield Advisory, this morning.

Pick of the Week

In the news this week is the Stern report on climate change; the Catlin/Wellington merger; Arista is ...

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