Charles Taylor completes run-off sale

Insurance services firm Charles Taylor has completed the sale of
its holding in Bestpark International Limited via subsidiary LCL
Acquisitions, it announced today (22 February).
The sale of Bestpark to Ashbrooke Financial Group is part of
Charles Taylor's strategy of reducing its exposure to non-life
insurance companies in run-off.
The completion follows the October announcement that Charles
Taylor subsidiaries Cardrow Insurance Limited and Beech Hill
Insurance Limited, also non-life insurance c