Lloyd's insurer in £1 acquisition
Lloyd's insurer Chaucer has agreed to purchase Quanta's 15% shareholding in Pembroke JV for a consideration of £1.
Pembroke Managing Agency, the wholly owned subsidiary of Pembroke JV, is the managing agent of Lloyd's Syndicate 4000, in which Chaucer currently has open year participations of £7.3m for 2007 and £14
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