Hanover completes sale of Chaucer-related companies
"We have completed the sale of our Lloyd's international specialty business to China Re,"
China Re is a large reinsurance business owned by the Chinese government and a Chinese sovereign fund.
The expected announcement signals the closing of a deal that Hanover in December anticipated would bring it between
Most of the transactions were completed by December. Thursday's announcement concerned the final
Hanover bought
"We fully anticipate deploying this capital in the best interest of our shareholders and in a very reasonable time frame,"
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