Insurance Age

QBE withdraws offer

QBE has withdrawn a proposed offer to buy out the remaining Names that participate on its Syndicate ...

QBE has withdrawn a proposed offer to buy out the remaining Names that participate on its Syndicate 386, managed at Lloyd's under the Limit brand within QBE European Operations. The proposed offer was withdrawn after confirmation from the members' agents representing the Names that they did not believe QBE's offer to be sufficiently valued.

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