Saudi Re acquires a majority stake in Probitas Holding Bermuda
Saudi Re and Probitas 1492, a Lloyd's syndicate specializing in non-life insurance and reinsurance, have signed an agreement to finalize the acquisition of 49.9% stake in Probitas Holding Bermuda Ltd (PHBL).
The transaction valued at 25 million USD must be approved by SAMA and the Lloyd's.
More news:
0
Your rating: None
Wed, 26/07/2017 - 08:41
The online magazine
Live coverage
09:39
04/23
04/23
04/23
04/22
Latest news