GoshawK Insurance Holdings, which put itself up for sale in July, said it has not received an approach which has resulted in substantive talks on a possible bid for the insurer.
The announcement comes after the Takeover Panel told GoshawK that it was deemed to have gone into a bid period with immediate effect.
GoshawK said a further announcement would be made when appropriate. Last week the company announced that Lloyd's Syndicate 102 had been placed into run-off.