Aviva confirms Lloyd’s return with £242m Probitas deal

An Aviva sign

Aviva has struck a deal to acquire Probitas, confirming its return to Lloyd's this morning (4 March).

The insurer has agreed to acquire 100% of Probitas Holdings (Bermuda) Limited, the ultimate holding company of the Probitas Group, for a minimum fixed consideration of £242m.

The transaction includes

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