3 July 2008 Pembroke sale to Ironshore seen as good deal for Chaucer
Lloyd's insurer Chaucer has sold its shareholding in Pembroke JV to Bermudian insurance group Ironshore in a £14.9m ($29.8m) cash deal. Richard Gradidge, analyst at Numis Securities, says that Chaucer has come out the better of the two parties involved in the deal.
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Hank Greenberg: "I'm not looking for revenge"
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