Replies to post #8959 on Trenwick Group, Ltd.(fka TWKGQ)

[lifegear]

one of the contingent assets that your friend is referring to, additional compensation to TGL should their run-off becomes successful

http://www.charlestaylorconsulting.com/docs/IMStatement14November2008.pdf

"The actual purchase price was not disclosed; however Trenwick's announcement indicated that "substantially all of the initial consideration to be paid by Bestpark will be used to pay transactional fees and expenses. The remaining consideration, if any, will be contingent upon a successful runoff of the Trenwick International business"

http://www.insurancejournal.com/news/international/2003/08/22/31708.htm