Core Specialty to Acquire London Aviation Underwriters and Form Aviation & Aerospace Division
GlobeNewswire·2025-01-06 22:33
London Aviation Underwriters to operate as a separately managed Division of Core Specialty as its 18th specialty business unit Core Specialty to retain the London Aviation Underwriters (LAU) brand and management team Jeff Sutton to become President of the new Aviation & Aerospace DivisionLAU produced $56mm of GAAP gross premiums written in 2023Transaction expected to close in early 2025 CINCINNATI, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialt ...