Lloyd’s insiders sell down their stakes in London-listed (re)insurers

Directors of London-listed PC (re)insurers are selling down
their holdings in their companies amidst predictions that 2014 will
be a challenging year for carriers.

Research by The Insurance
Insider
‘s Data Room shows that company insiders
have sold nearly £13.84mn ($22.4mn) worth of stock so far in
2014 (correct as of 17 March), taking advantage of the historically
high valuations enjoyed by most of the London-listed carriers.

The bulk of the sales came as directors offloaded some or all of
the…



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