Markerstudy sold to Qatar Re
Deal expected to complete in first half of 2018.
Qatar Reinsurance has signed an agreement to buy Markerstudy.
The price of the deal, which is expected to complete subject to regulatory approval in the first half of 2018, was not disclosed.
The takeover includes the Gibraltar-based insurance companies: Markerstudy Insurance, Zenith Insurance, St Julians Insurance and Ultimate Insurance.
Qatar Re and Markerstudy already had a reinsurance partnership.
News of discussions between the two parties was first reported on 2 January by Insurance
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- In Depth: Cyber risk and AI – friend or foe?
- Covéa cuts losses but underwriting deficit grows