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News - Lloyd's insurer Talbot silent on impending sale.
(From Reinsurance)
Lloyd's insurer Talbot has hired investment bank Lexicon Partners to carry out a strategic review of the company that could lead to an impending sale, according to reports.
The company's private-equity owners have reportedly put a $390.5m (GBP200m) price tag on the Lloyd's insurer, which is owned by Bermuda-based parent Talbot Holdings.
A number of bid approaches have been made for the company from groups in the UK, US and Bermuda. Talbot has so far declined to ...
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