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Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser
New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas Braune as its new chief executive officer. Braune will assume…
Syncora to sell guarantee insurance subsidiary to Star Insurance for £323m
Bermuda-domiciled Syncora has agreed to sell its financial guarantee insurance subsidiary Syncora Guarantee to Star Insurance for $392.5m (£323.61m) in an all-cash deal. Star Insurance is an entity organised by…
