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The recent sale of U.K.-based Amlin P.L.C. to Japan's MS&AD Insurance Group Holdings Inc. has made the remaining four publicly traded Lloyd's of London insurers possible takeover targets, reports Bloomberg.
The remaining insurers are Novae Group P.L.C., Hiscox Ltd., Beazley P.L.C. and Lancashire Holdings Ltd. An official said that Lancashire and Novae are the most plausible takeover candidates due to their smaller market value and exposure to reinsurance.