Flagstone Re may succeed in selling off its Lloyd's business in the first quarter of 2012 but it will largely depend on the continuing appetite of trade buyers and private equity firms to own a piece of Lime Street real estate.
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The Bermudian has failed to extract profits from the
business since buying it from Berkshire Hathaway in 2008.
However, it may succeed in profiting from scarcity. Lloyd's is an attractive place to do business for a...
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