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U.K.-based insurance group Markerstudy has exchanged contracts to sell its Gibraltar-based insurance companies to Qatar Reinsurance Co. Ltd.
The price Qatar Re paid for the businesses -- Markerstudy Insurance Co. Ltd., Zenith Insurance Plc, St Julians Insurance Co. Ltd. and Ultimate Insurance Co. Ltd. -- was not disclosed.
Markerstudy mainly writes U.K. motor...




