Bathia: £242mn Aviva-Probitas deal is ‘validation’ of Lloyd’s recovery
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Bathia: £242mn Aviva-Probitas deal is ‘validation’ of Lloyd’s recovery

Lloyd’s is now an attractive environment for entrepreneurs, the CEO said.

By Adam McNestrie Rachel Dalton
March 04, 2024
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aviva probitas lloyds logo 2023 london.png

Aviva’s £242mn ($307mn) acquisition of Probitas, announced this morning, is a “massive validation” of the remedial work carried out by Lloyd’s in the past five years, according to Probitas founder and CEO Ash Bathia. 

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