Financial Services Industry
Industry: Email Alert RSS FeedAviva Plc., and Royal & SunAlliance Plc
Risk & Insurance, Jan, 2003
Aviva Plc., and Royal & SunAlliance Plc. will sell their stakes in Global Aerospace Underwriting Managers Ltd. (GAUM) to reduce their exposure in the avinition insurer. At the same time, Converium Holding Ltd., Zug, announced that it will take a 25 percent stake in GAUM.
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