China Re completes Chaucer deal
Regulatory approval followed sale price of $950m being confirmed last September.
China Reinsurance announced the completion of its takeover of Chaucer Holdings from The Hanover Insurance Group on 31 December 2018.
The deal, for $950m (£726m), was previously revealed in September last year after news of Chaucer being for sale first came out in March.
The latest step saw the 100% equity acquisition of Hanover Insurance International Holdings, go through.
However the buyout of Chaucer Insurance Company (Chaucer Dublin) and Hanover Australia remains subject to local
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