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Announced

Starr to acquire IQUW Group.

Synopsis

Starr, a global investment and insurance organization, agreed to acquire IQUW Group, a specialty insurance and reinsurance company. Financial terms were not disclosed. "This strategic acquisition of IQUW Group is about diversification and a focus on underwriting profitability, consistent with our own. The combination of our companies will give us a larger footprint in the London market and result in a stronger organization. We have known and respected Pete Bilsby for a number of years. He has built an exceptional team, and I am delighted that he will lead our international business," Jeff Greenberg, Starr Chairman and CO-CEO.

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