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Brit Insurance

Brit Insurance is to relocate from Bishopsgate to a 66,000 sq ft office at The Leadenhall Building in London.

Brit Insurance, the London-based insurance firm, is to be acquired by Fairfax Financial of Canada for £1.2bn.

Brit Insurance has announced the sale of its non-core regional UK business to QBE Insurance.

Brit Insurance, the Lloyd's of London insurer, has agreed to be acquired by private equity firms Apollo and CVC for £888m.

Brit Insurance is planning to relocate its headquarters from London to the Netherlands, for tax reasons.

Brit Insurance is considering plans to relocate its head office to a country with preferable tax rates, having appointed Ernst & Young to review the options.

Brit Insurance has sold Peoples Choice Europe, the telesales personal lines insurance broker, to Hastings Insurance Services for £7.2m.

Brit Insurance is to acquire PRI Group, the professional indemnity insurer, for £156m.

Brit Insurance Holdings has sold PI Direct, the London-based professional indemnity underwriting company, to management.

Brit Insurance is to raise £204m in a share placing to fund the expansion of its business outside Lloyd's of London, including a move into the underwriting of motor insurance.

Brit Insurance is planning to raise £154m in a share placing in order to double the volume of business it underwrites at Lloyd's of London next year.