Kerry London income tips £150m after Euclidian deal

Kerry London has boosted its premium income to £150m following the acquisition of London Market brok...

Kerry London has boosted its premium income to £150m following the acquisition of London Market broker Euclidian Direct from Capital Insurance Holdings for an undisclosed sum.

This latest acquisition, which substantially increases its London Market presence, has seen the broking group's income triple since early 2004 when it had a £50m premium income. Other acquisitions during this period include AWR, Regent Insurance Services and Bellevue.

Euclidian generates a £60m premium income and is a

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