It was back in July last year that Lloyd’s syndicate 1897 was placed into run-off. Now, marine insurance provider Skuld has agreed to its sale.
A transaction, still subject to regulatory approval, has been agreed with The RiverStone Group. The insurer outlined that a competitive process was introduced in autumn last year and RiverStone stood out above a number of bidders.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.