US firm swoops for majority shareholding of Lloyd's insurer
Marketform Group, the non-US medical malpractice specialist, today announced that American Financial Group Inc is to become the majority shareholder in its business, securing the company as a key international specialist insurer.
The deal, which is still subject to approval by Lloyd's and the Financial Services Authority, will see AFG take approximately a 67% share in Marketform, valuing the business at approximately £55m.
The
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