21 Dec 2012 07:00
CHARLES TAYLOR PLC - Completion of the acquisitionCHARLES TAYLOR PLC - Completion of the acquisition
PR Newswire
London, December 20
21 December 2012
Charles Taylor plc (the "Company")
Completion of the acquisition of Global Life Assurance Limited (GLA)
Further to the announcement on 12 November 2012, the Company announces that itssubsidiary, LCL International Life Assurance Company Limited, has completed theacquisition of GLA from Pinnacle Company Limited.
ENDS
For more information, please contact:
David Marock, Group Chief Executive Officer: +44 (0)20 3320 8988David.marock@ctplc.com
Tito Soso, Interim Group Chief Financial Officer: +44 (0)20 3320 2263Tito.soso@ctplc.com
Mike Lord, Group Communications Director: +44 (0)7831 401 311Mike.lord@ctplc.com
Notes to editors * Charles Taylor plc, is a leading international provider of professional services to clients in the global insurance market. The Group has been providing Professional Services to insurance clients since 1885 and today has over 930 staff in 48 offices spread across 24 countries in the UK, the Americas, Asia Pacific, Europe and the Middle East. * The Group offers services across the whole insurance market, principally on a fee-based model and operates through three Professional Services businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers in run-off. * Charles Taylor's vision is to become the professional services provider of choice to the global insurance market.Further information is available at www.ctplc.com