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KM Financial Solutions | UPDATE 1-Hanover to sell specialty unit to China Reinsurance for $950 mln
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UPDATE 1-Hanover to sell specialty unit to China Reinsurance for $950 mln

12 Sep UPDATE 1-Hanover to sell specialty unit to China Reinsurance for $950 mln

Posted at 12:27h in News by
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Hanover Insurance Group Inc on
Thursday decided to sell its unit that underwrites risks at
insurance market Lloyd’s to China Reinsurance Group Corp
for $950 million to focus on expanding its domestic
business.

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