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Ardonagh Group buys French mutual’s insurance broking business

Covéa Group disposed of the Manchester-based Swinton Insurance business in order to focus on its UK underwriting business, rather than insurance broking. A statement on the Jersey-registered company’s website says it intends to fund the purchase with committed financing from their existing bank group, along with cash from monetising certain Swinton assets. Swinton Group is […]

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