Acquisition of Alico Isle of Man Ltd
For Immediate Release
10 November 2011
Charles Taylor Consulting plc (the "Company")
Completion of the acquisition of Alico Isle of Man Limited (the "Acquisition")
Further to the announcement on 10 October 2011, the Company announces that its subsidiary, LCL International Life Assurance Company Limited, has received regulatory approval for the Acquisition from the Isle of Man Insurance and Pensions Authority. The Acquisition is now unconditional.
For more information, please contact:
David Marock, Group chief executive officer: +44 (0)20 3320 8988
George Fitzsimons, Group finance director: +44 (0)20 3320 2263
Mike Lord, Group communications director: +44 (0)7831 401 311
Notes to editors
Charles Taylor Consulting plc (www.ctcplc.com) is a leading provider of insurance services. It manages mutual insurance companies, advises insurers on complex insurance losses and provides administration and consultancy services to insurers and insureds worldwide. It also owns life and non-life insurance companies which are closed to new business.