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Charles Taylor sticks to strategy with non-life business transfer

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Charles Taylor subsidiaries Cardrow Insurance and Beech Hill Insurance have entered agreements to transfer their insurance businesses to Tenecom, a subsidiary of Berkshire Hathaway.

The Group will receive a final dividend from Cardrow and Beech Hill once these non-life companies in run-off are liquidated, post completion of the transfers.

Cardrow and Beech Hill are owned by the

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