Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

The acquisition of Chaucer by China Re approved by the European Commission

Tweet [1] [2]
Magazine Issue: 
Reinsurance, the lingering war [3]
Magazine date: 
Dec 2018

The acquisition of Hanover Insurance's subsidiary, Chaucer, by China Re [4] was approved by the European Commission. This operation which was announced by the Chinese reinsurer in September 2018 amounts to 950 million USD.

Chaucer was acquired by the German insurer in 2011. It embraces the businesses of Hanover Insurance International Holdings Limited in the United Kingdom, Chaucer Insurance Company in Ireland, and Hanover Australia Holdco Pty LTD in Australia.

Read also: Insurance – Reinsurance: mergers and acquisitions transactions [5]

Fri, 21/12/2018 - 14:36

Source URL: https://www.atlas-mag.net/en/article/the-acquisition-of-chaucer-by-china-re-approved-by-the-european-commission

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fthe-acquisition-of-chaucer-by-china-re-approved-by-the-european-commission&text=The+acquisition+of+Chaucer+by+China+Re+approved+by+the+European+Commission
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fthe-acquisition-of-chaucer-by-china-re-approved-by-the-european-commission&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/reinsurance-the-war-of-attrition
[4] https://www.atlas-mag.net/article/china-re
[5] https://www.atlas-mag.net/en/article/insurance-reinsurance-mergers-and-acquisitions-transactions-2014-2018