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KM Financial Solutions | Hanover Insurance to sell Chaucer unit to China Reinsurance for $950 mln
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Hanover Insurance to sell Chaucer unit to China Reinsurance for $950 mln

12 Sep Hanover Insurance to sell Chaucer unit to China Reinsurance for $950 mln

Posted at 11:55h in News by
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Hanover Insurance Group Inc said
on Thursday it will sell Chaucer, its specialist insurance
business, which underwrites risks at Lloyd’s, to China
Reinsurance Group Corp for $950 million to focus on
expanding its domestic business.

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