Fosun becomes Ironshore's largest shareholder

guo-guangchang-chairman-of-fosun

Chinese conglomerate Fosun has bought 20% of international property and casualty insurer Ironshore for $464m (£277m).

Privately owned Bermuda-based Ironshore has operations in Australia, Bermuda, Canada, Hong Kong, Ireland, South America, Singpaore, the US and the UK, including Lloyd's managing agent Pembroke

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