Hanover Insurance to Sell Specialty Unit Chaucer to China Re for $950 Million – Insurance Journal
The Hanover Insurance Group has agreed t o sell Chaucer, its Lloyd’s-focused international specialty business, to China Reinsurance Group Corp. for total proceeds of $950 million. The Hanover had indicated in March it was considering selling Chaucer.
Hanover Insurance To Sell Chaucer For Total Proceeds Of $950 MlnNasdaq
The Hanover Insurance Group announces agreement to sell Chaucer for $950MSeeking Alpha
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