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Brit restructure sees reinsurance chief Turner depart

30 January 2012

Brit parted company last week with its well-regarded reinsurance chief Jonathan Turner as part of plans to merge his former division with its global markets unit.

The restructure would create a single underwriting franchise known as Brit Global Specialty.

The private equity-backed Lloyd's (re)insurer is in the process of selling off its UK retail business.

It said that the new combined unit will operate as a single platform with a single profit and loss centre.

"This will simplify the existing...


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