01-12-2015 22:53 via insuranceinsider.com

Lonmar looking for buyer

Independent wholesaler Lonmar, one of the biggest bloodstock
brokers in the London market, has appointed Fenchurch Advisory to
handle the sale of the company, The Insurance
Insider can reveal.
Centrix Insurance Holdings, the top holding company for the
staff-owned group, fell to a loss last year largely owing to
financing costs, and has seen its top line fall steeply since
2012.
In the 12 months to 31 December 2010, Centrix reported operating
income of £20.8mn - a figure that declined...
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