Brit PLC names Matthew Wilson as Group Deputy CEO
Brit PLC ("Brit” or "the Group"), the global specialty insurer and reinsurer, today announces the appointment of Matthew Wilson as Group Deputy CEO and Chief Underwriting Officer effective immediately.
Rule 2.10 Announcement
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Brit confirms that as at the close of business on 15 February 2015 it had 400,452,960 ordinary shares of 1 pence each in issue and admitted to trading on the main market of the London Stock Exchange under the International Securities Identification Number ("ISIN") GB00BKRV3L73. No shares are held in Treasury.
Brit partners with new special purpose vehicle
Brit PLC (“Brit” or “the Group”), the global specialty insurer and reinsurer, today announced that a new Bermuda domiciled special purpose reinsurer, Versutus Ltd, has been created to provide collateralised capacity support for Brit’s property treaty portfolio for 2015.