Canadian broker takes £1.5m stake in London's Dashwood, Brewer & Phipps
Toronto-based insurance and reinsurance broker the RS Group of Companies has completed the purchase of 49% of the issued share capital of Dashwood, Brewer & Phipps, Lloyd’s and London Market Insurance Brokers.
According to a statement RSGC expects to receive in excess of US$4,000,000 annually in minority income as a result of this acquisition.
The broker said its purchase will effectively provide RSGC a
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