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Novae Group

Insurance underwriting company

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Novae Group Ltd was an insurance underwriting company headquartered in London.

01History

Novae Group was founded in 1986 as SVB Holdings plc. It specialised in the insurance of property, casualty and marine, aviation and political risks and was the subject of an initial public offering on the London Stock Exchange in 1998. It changed its name to Novae Group plc in 2006.

In July 2017, the company was acquired by AXIS Capital for $604 million.

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Sources and credits

This article is adapted from the Wikipedia article Novae Group, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.

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