IAG mulls Equity Red Star sale as experts debate motor future at Lloyd's
With Insurance Australia Group toying with the idea of selling the largest Lloyd's motor underwriter Equity Red Star, and aggregators controlling more power in this area, the days of motor in the Lloyd's market could well be numbered.
Last week, IAG admitted it was considering selling its loss-making UK assets. Its remaining assets include Lloyd's motor specialist Equity Red Star and its stakes in commercial brokers NBJ and Barnett
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