Stockton Re increases Crowe shareholding ahead of sale completion.
Following the news that Stockton Re is to buy the Crowe Insurance Group, the Bermudian-based reinsur...
Following the news that Stockton Re is to buy the Crowe InsuranceGroup, the Bermudian-based reinsurer has announced that it is increasing
its shareholding in Crowe by acquiring Ockham's stake in the Group.
Stockton Re is paying £9.85m for Ockham's Crowe shareholding, which the
Lloyd's holding company acquired when it bought New London Capital at the
beginning of this year.
The deal between Stockton Re and Crowe is expected to be finalised by the
end of this month. It is understood that the
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