Talbot aims to up profits following capacity boost
Bermuda-based Talbot Holdings has secured capital of $205m (£119m) to support its underwriting activities at Lloyd's for the 2004 year of account.
The capital includes approximately $64m (£37m) raised through the issue of new convertible preference shares, which have been acquired by investment funds managed by the private equity firm, OlympusOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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