Carribean financial services giant buys Lloyd's insurer
Carribean financial services group Sagicor, through its subsidiary Sagicor Europe, has purchased the Gerling at Lloyd's Group, encompassing the managing agency, Syndicate 1206, its capital provider and its service company.
The Syndicate currently has capacity of £60.25m and specialises in short tail lines of business. The management team, led by CEO Geoff Halpin, will remain with Gerling.
Commenting on the acquisition
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