On 8 September 2015, Lloyds of London specialist insurer Amlin, which operates in several specialist insurance classes including Aviation and Space, has succumbed to a bid by the Japanese insurance giant Mitsui Sumitomo to take over its business. The bid, which was reported to be worth £3.5 billion (US$5.3 billion), has been recommended for acceptance by the Amlin board. The price offered per share represented a 34p premium over its closing price of 670p before the bid was announced.
Lloyds of London Insurer Amlin to be taken over by Mitsui Sumitomo
Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).
For more information go to www.seradata.com/spacetrak