The U.K.’s Chaucer Insurance, a leading Lloyd’s insurer, has reportedly broken off talks aimed at acquiring another U.K. company, auto insurer Highway for around £87 million ($165 million).
Reuters cited Chaucer management sources as indicating that the two had failed to reach an agreement on the purchase price.
Was this article valuable?
Here are more articles you may enjoy.
Artist Suing FIFA Over Destruction of Dallas Whale Mural 
Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally 
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Sentry to Sponsor PGA Tournament at Torrey Pines 
