Opinion: ProSight sale

That ProSight still sees value in spinning off its Lloyd's
business is surely a ringing endorsement of the legacy the market
has built for itself.
Yesterday, this publication revealed the US specialty carrier
hadopted to sell off its managing agency and Syndicate 1110,
instead of a whole group sale, which had been the original
plan.
Of course there is a degree to which ProSight is being
opportunistic here.
Its sales process for the whole group did not look as...